Proceeding contribution from Chuka Umunna (Labour) in the House of Commons on Tuesday, 7 February 2012. It occurred during Opposition day on Banking (Responsibility and Reform).

Banking (Responsibility and Reform)

Thank you, Mr Deputy Speaker. I thank my hon. Friend for his contribution. The Walker review proposals are the start, not the end, of the reform needed, but my hon. Friend makes a strong point about the culture in the financial services sector. On the proposal to have an employee on the remuneration committee, would not the RBS board be in a stronger position if it could say, on matters of pay, that an employee representative had been involved in the decision making?

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Type: Proceeding contribution
Reference: 540 c190
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Bank services Banks Credit Incentives Pay Managers Loans Small businesses Regulation Reform Bank levy
Link: View this Proceeding contribution on www.publications.parliament.uk

Banking (Responsibility and Reform)

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