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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

No, I am sorry because I will be stopped quite soon. The last point I want to make concerns the irresponsibility of the banks in refusing to operate Project Merlin, which would have brought jobs for younger and older people. The cynical and shoddy way that they got out of that agreement is totally unacceptable, as is the way they are refusing to fund small and medium-sized businesses. If we are going to rebalance the economy, that is the area that will provide the jobs. We need the Government to show some leadership because the banks must be forced to fund and put resources into that sector.


Secondary information

Type
Proceeding contribution
Reference
539 c105 
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