Proceeding contribution from Andrew Bridgen (Conservative) in the House of Commons on Monday, 6 February 2012. It occurred during Debate on bill on Financial Services Bill.
Financial Services Bill
To take the Chancellor back to my experiences in 1997, I was in business, and my bankers at the time were at the Royal Bank of Scotland. Shortly after the general election in which the Labour Government were elected, I had a meeting with my bankers. I expressed my disappointment at the election result, but they were extremely upbeat. I asked them why, and they said, ““Labour Governments are never any good at regulating the financial services industry. We're going to make a lot of money in the banking industry.”” Are not those words prophetic?
Secondary information
- Type
- Proceeding contribution
- Reference
- 540 c47
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Consumers Banks Credit Building societies Bank of England Financial services Financial Services Authority Protection Regulation Financial Policy Committee Financial Conduct Authority Prudential Regulation Authority
- Legislation
- Financial Services Bill 2010-12 to 2012-13
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 15:25:06 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_807251
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_807251
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_807251