Parliamentary Search

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

Banking Commission Report

I do not think that it will discourage corporate lending, nor do I think that it will make the UK any less attractive as a location for the headquarters of global banks. We addressed that issue explicitly in our response. Because the principal proposals and additional national requirements are directed at UK retail banking, I do not think that it will change people's view of the UK as an attractive place to locate their financial services, whether it be in the City of London or elsewhere.

Secondary information

Type
Proceeding contribution
Reference
537 c1085 
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