Adjournment debate on Thursday, 14 October 2010, in the House of Commons, led by Ian Davidson. The answering member was Mark Hoban.
Banking in Scotland
Westminster Hall debate on a motion for the adjournment on banking in Scotland. (Relevant documents: Scottish Affairs Select Committee second report of session 2009-10 HC 70 and the Government response Cm 7902.) Motion made, and Question proposed, That the sitting be now adjourned.—(Stephen Crabb.)
Secondary information
- Type
- Parliamentary proceeding
- Reference
- 516 c149-80WH
- Session
- 2010-12
- Department
- Treasury
- Chamber / Committee
- Westminster Hall
- Related items
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Banking in Scotland. Government response to the Scottish Affairs Select Committee second report of session 2009-10 (HC 70).
Monday, 12 July 2010
Command papers
House of Commons
- Proceeding contributions
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David Mowat | 516 c175WH (Link to this contribution) This discussion has always struck me as a bit odd, because banks need to lend to make money. I under...
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Mark Hoban | 516 c174-5WH (Link to this contribution) I want to respond to the comment made by my hon. Friend the Member for Argyll and Bute about the Pos...
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Speaker | 516 c174WH (Link to this contribution) Okay. The sitting will be suspended for 15 minutes. Order.
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Fiona O'Donnell | 516 c178WH (Link to this contribution) Perhaps I could provide more recent information than the Minister did. The Bank of England's Agents'...
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Ian Davidson | 516 c177-8WH (Link to this contribution) I express my gratitude to all those who have contributed, not only to the debate, but to the report....
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Mark Hoban | 516 c176-7WH (Link to this contribution) My hon. Friend raises two interesting points. On his second point, a number of banks have raised the...
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Julian Smith | 516 c151WH (Link to this contribution) Does the hon. Gentleman accept that the coalition Government have made some excellent steps in firmi...
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Ian Davidson | 516 c149-51WH (Link to this contribution) It is a pleasure to serve under your chairmanship, Mr Rosindell. Before the sitting, you set me the ...
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Angus Brendan MacNeil | 516 c152WH (Link to this contribution) Would the hon. Gentleman care to inform hon. Members about unemployment in Norway, Iceland and Irela...
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Ian Davidson | 516 c151WH (Link to this contribution) Yes, I agree with the general thrust of those remarks by my colleague, who is a new member of the Sc...
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Ian Davidson | 516 c152WH (Link to this contribution) I look forward to hearing it.
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Angus Brendan MacNeil | 516 c153WH (Link to this contribution) Did the hon. Gentleman meet many people in Ireland who wanted to return to being part of the UK or d...
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Ian Davidson | 516 c152-3WH (Link to this contribution) Indeed, all that is true. However, I am in danger of becoming diverted. Far be it from me to allow t...
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Jim McGovern | 516 c152WH (Link to this contribution) I will try not to be. Charges of €50 to visit a general practitioner, €85 per month prescription ch...
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Ian Davidson | 516 c152WH (Link to this contribution) I hope my hon. Friend is not too excited.
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Jim McGovern | 516 c152WH (Link to this contribution) Will my hon. Friend give way?
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Ian Davidson | 516 c152WH (Link to this contribution) If people just mention the arc of prosperity the nationalists tend to become somewhat overexcited. I...
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Speaker | 516 c152WH (Link to this contribution) Order. The hon. Member for Na h-Eileanan an Iar (Mr MacNeil) will have a chance to contribute to the...
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Angus Brendan MacNeil | 516 c152WH (Link to this contribution) I hope the hon. Gentleman went to Norway as well.
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Ian Davidson | 516 c152WH (Link to this contribution) That is presumably why the SNP no longer mentioned it at all. Ever since Iceland's economy became so...
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Julian Smith | 516 c161WH (Link to this contribution) Does my hon. Friend agree that we must also have transparency about deposit rates and good depositor...
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Iain Stewart | 516 c161WH (Link to this contribution) My hon. Friend makes an important point, and I would extend it even further: any banking product sho...
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Cathy Jamieson | 516 c161-4WH (Link to this contribution) I should perhaps start by assuring hon. Members that, unlike some of my hon. Friends, I have never b...
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Ian Davidson | 516 c158-60WH (Link to this contribution) The hon. Lady is in a good position if she can say that the Royal Bank of Scotland was a client of h...
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Julian Smith | 516 c168WH (Link to this contribution) Would the shadow Minister say that the banks were merely reflecting the zeitgeist and the leadership...
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Alan Reid | 516 c164-6WH (Link to this contribution) I was not a member of the Select Committee on Scottish Affairs in the previous Parliament, but I wan...
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Chris Leslie | 516 c166-7WH (Link to this contribution) I declare an interest as a trustee of the Consumer Credit Counselling Service in Scotland. I act in ...
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Julian Smith | 516 c167WH (Link to this contribution) The report was eloquent. Did it make the hon. Gentleman reflect on the Labour Government's role in w...
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Chris Leslie | 516 c167-8WH (Link to this contribution) Certainly we all have lessons to learn from the credit crunch. Countries across the world, including...
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Chris Leslie | 516 c170WH (Link to this contribution) I certainly do not mean in the day-to-day lending decisions. That would be an incredible position fo...
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Mark Hoban | 516 c170-2WH (Link to this contribution) First, let me congratulate both the Chair of the Select Committee on opening this debate, and you, M...
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Chris Leslie | 516 c169WH (Link to this contribution) I understand where the hon. Gentleman is coming from. It would be unfortunate if a cashier or teller...
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Mark Hoban | 516 c169WH (Link to this contribution) Will the hon. Gentleman clarify whether he is moving away from the previous Government's position of...
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Chris Leslie | 516 c168WH (Link to this contribution) Much as we in politics might like to think that everything done in the political game shapes society...
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Stephen McPartland | 516 c168-9WH (Link to this contribution) I congratulate the hon. Gentleman on his new role as shadow Minister. Does he agree that some of the...
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Speaker | 516 c174WH (Link to this contribution) Order. There is a Division in the House. Would the Minister like to finish his comments now, or shal...
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Mark Hoban | 516 c174WH (Link to this contribution) I would like the sitting to be suspended, please.
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Cathy Jamieson | 516 c172WH (Link to this contribution) As a follow-up to that point, I wonder whether the Minister can ensure that the mutual sector is not...
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Mark Hoban | 516 c172-4WH (Link to this contribution) Indeed. I am very grateful to the hon. Lady for mentioning that point, because one of the commitment...
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Ian Davidson | 516 c153WH (Link to this contribution) It is unrealistic to expect that many in Ireland would want to return to being part of the UK, becau...
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Julian Smith | 516 c153WH (Link to this contribution) The hon. Gentleman seems to be talking about the past. One conclusion of this report is that there i...
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Ian Davidson | 516 c153WH (Link to this contribution) I am sure that I will. However, the debate is not about the future economic development of Scotland;...
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Angus Brendan MacNeil | 516 c153WH (Link to this contribution) Given that the hon. Gentleman apparently did not meet anybody who wanted to rejoin the UK, does he f...
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Ian Davidson | 516 c153WH (Link to this contribution) That is a matter for the Irish people, not for me.
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Angus Brendan MacNeil | 516 c154WH (Link to this contribution) What does the hon. Gentleman think?
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Ian Davidson | 516 c154WH (Link to this contribution) It is a matter for the Irish people, not for us. In the same way, it is for Scottish and Welsh peopl...
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Angus Brendan MacNeil | 516 c154WH (Link to this contribution) Do you have no opinion?
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Ian Davidson | 516 c154WH (Link to this contribution) It is up to them. That is my opinion. Argyll, I believe, should remain part of Scotland.
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Ian Davidson | 516 c154WH (Link to this contribution) Indeed, Mr Rosindell, I was led astray by bad boys. I was asked about conclusion 3. The Committee s...
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Jim McGovern | 516 c154-5WH (Link to this contribution) Unfortunately, I must leave shortly, but I wonder whether my hon. Friend and other hon. Members have...
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Ian Davidson | 516 c154WH (Link to this contribution) I thank the hon. Gentleman for giving me the opportunity to mention that. Whether Bermuda should joi...
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Speaker | 516 c154WH (Link to this contribution) Order. I think a debate on the overseas territories would be very useful, but this is not such a deb...
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Ian Davidson | 516 c155-6WH (Link to this contribution) I am sure that those points have been noted by all concerned, including the Minister and the relevan...
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Ian Murray | 516 c156WH (Link to this contribution) Will my hon. Friend comment on the experience that I have witnessed and have been told about since t...
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Ian Davidson | 516 c155WH (Link to this contribution) I have certainly had more people coming to my surgeries to talk about how they are being treated by ...
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Julian Smith | 516 c155WH (Link to this contribution) Does the hon. Gentleman agree that it is worth making a distinction between the bash-a-banker rhetor...
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Ian Davidson | 516 c156-8WH (Link to this contribution) The first is certainly true. We have been told that money is available but is not being taken up, an...
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Mary MacLeod | 516 c158WH (Link to this contribution) Let me state for the record that the Royal Bank of Scotland used to be a client of mine. I suggest ...
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Ian Davidson | 516 c178-80WH (Link to this contribution) That is a helpful contribution—there clearly is further work to be done in those areas—which runs al...
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Angus Brendan MacNeil | 516 c152WH (Link to this contribution) Unemployment in Norway and Iceland is lower than in the UK and unemployment in Ireland is higher, so...
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Iain Stewart | 516 c160-1WH (Link to this contribution) I am delighted to make a brief contribution to the debate. Although I represent a constituency south...
- Subjects
- Bank services Banks Bank of England Financial institutions Public expenditure Scotland Regulation Royal Bank of Scotland
- Link
- View this Parliamentary proceeding on www.publications.parliament.uk
Show all contributions (62)
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