Proceeding contribution from George Osborne (Conservative) in the House of Commons on Thursday, 5 July 2012. It occurred during Debate on Professional Standards in the Banking Industry.
Professional Standards in the Banking Industry
I have never seen Labour Members and the shadow Chancellor so rattled about their time in office. We had one hour of an attempt by the former City Minister to defend his conduct when he was in office and these scandals happened, and we have still not had from him a simple apology for what he did—his failure of regulation. He should get up and say not, “We were all involved in this; there were Governments all over the world doing it”, but “I was the City Minister and I am sorry.”
Secondary information
- Type
- Proceeding contribution
- Reference
- 547 c1129
- Session
- 2012-13
- Chamber / Committee
- House of Commons chamber
- Subjects
- Banks Bank of England Barclays Financial Services Authority Interest rates Financial markets Regulation Treasury LIBOR
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-11-28 15:16:40 +0000
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- http://hansard.intranet.data.parliament.uk/Commons/2012-07-05/12070562000707
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