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Proceeding contribution from George Mudie (Labour) in the House of Commons on Monday, 23 January 2012. It occurred during Opposition day on Youth Unemployment and Bank Bonuses.


Youth Unemployment and Bank Bonuses

I would rather the Government had not trebled tuition fees. I would rather that instead of spending £150 million they were taking the opportunity to raise £2 billion to put into youth employment. This is a very serious, non-political matter and people's lives are going to be ruined unless they get urgent help. We should see that as a priority, and we should have no compunction about taking that money from the people who caused this difficulty. Governments, rating agencies and regulators also played a part but the sheer greed and irresponsibility of the banking and financial industry takes my breath away.


Secondary information

Type
Proceeding contribution
Reference
539 c104 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Directors Banks Incentives Financial services Pay Managers Young people Taxation Unemployment
Link
View this Proceeding contribution on www.publications.parliament.uk