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Proceeding contribution from Andrea Leadsom (Conservative) in the House of Commons on Monday, 19 December 2011. It occurred during Ministerial statement on Banking Commission Report.


Banking Commission Report

The Vickers proposals definitely make banks more robust and more resolvable, but does my right hon. Friend think that they will definitely be more competitive? Specifically, the stickiness of personal current accounts and SME accounts is a real problem. Will he consider the proposal for full account portability rather than this halfway house which just makes it faster to transfer one's bank account?


Secondary information

Type
Proceeding contribution
Reference
537 c1084 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Costs Bank services Banks Competition Finance Incentives Standards Regulation Government responses Royal Bank of Scotland Financial Conduct Authority Independent Commission on Banking Payments Council
Link
View this Proceeding contribution on www.publications.parliament.uk