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Proceeding contribution from Keith Vaz (Labour) in the House of Commons on Tuesday, 8 June 2010. It occurred during Queen's speech debate on Economic Affairs and Work and Pensions.


Economic Affairs and Work and Pensions

On the point about banking regulation, the shadow Chancellor will remember the closure of the Bank of Credit and Commerce International and the Bingham report. That report was commissioned by the previous Government and its conclusions mentioned an independent regulator. It is important that we look carefully at the issue of regulation and that we do not hand back to the Bank of England all the powers for regulation. In his conclusions, Lord Bingham recommended that that should not happen.


Secondary information

Type
Proceeding contribution
Reference
511 c184 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Poverty Children Cost effectiveness Bank services Banks Bank of England European Union Financial services Financial Services Authority Economic situation Economic growth Public expenditure Nationalisation Unemployment Regulation Economic recession Social security benefits Public sector debt Social security Reviews Cuts World economy Office for Budget Responsibility Living wage
Link
View this Proceeding contribution on www.publications.parliament.uk