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Proceeding contribution from Albert Owen (Labour) in the House of Commons on Thursday, 25 February 2010. It occurred during Debate on Welsh Affairs.


Welsh Affairs

Like me, the hon. Gentleman is really disappointed to see those large bonuses being paid out, particularly from banks that have received taxpayers' money. However, does he not acknowledge that, had the Government not taken an interventionist role in the banking and financial institutions, there would have been great turmoil for ordinary citizens in his constituency and mine? To have sat back, done nothing and left things to the market would have been an even worse path to follow.


Secondary information

Type
Proceeding contribution
Reference
506 c509 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Children Broadcasting Banks Devolution Credit Broadband Incentives Internet Economic situation NHS Pensioners Poverty Minimum wage Public expenditure Public service Telecommunications Small businesses Wales Welsh language Taxation Unemployment Welsh Government Economic recession
Link
View this Proceeding contribution on www.publications.parliament.uk