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
My hon. Friend is right, and she speaks up well for her constituents, who want greater choice on the high street. They want to be able to switch their bank accounts easily, and there are significant proposals in the report to help them do that within seven days and without having to chase up all the direct debits and the like, which will be done for them at no charge. That will be a practical benefit of the Vickers report and the Government's implementation of it.
Secondary information
- Type
- Proceeding contribution
- Reference
- 537 c1087
- 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
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- 2023-12-15 14:06:44 +0000
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