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Campbell, Ronnie
Type
House
Session
Year
Department
Member
Primary member
More
Campbell, Ronnie (10)
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask the Chancellor of the Exchequer how much the banking crisis of 2008 has cost the public purse to date.
To ask the Chancellor of the Exchequer how much the banking crisis of 2008 has cost the public purse to date.
Asked by
Ronnie Campbell
(Labour)
Answered by
Baroness Morgan of Cotes
(Conservative)
Answering body
Treasury
Type
Written questions
Status
Answered
Tabled on
8 April 2014
For answer on
10 April 2014
Answered on
1 May 2014
Table M9 of the Office for National Statistics’ release on EU Government Deficit and Debt of March 2014 sets out the Government’s activities undertaken to support financial institutions during the financial crisis. The release is available at:
http://www.ons.gov.uk/ons/dcp171778_358053.pdf
Subjects
Banks
Date
1 May 2014
Reference
195755; 579 c795W
House
House of Commons
Q8
.
[146198]
Mr Ronnie Campbell (Blyth Valley) (Lab):
A recent report by the TUC suggested that wages in this country have been depressed by 3% since you came to power. Sorry, I meant the Tories, not you, Mr Speaker. Given that fact and the cuts to welfare, why is it that bankers, spivs and speculators can get away with stuffing their pockets with £50 notes under the guise of bonuses? When will the Prime Minister get a grip of the fat cats? If he is not going to get a grip, he should let my right hon. Friend the Member for Doncaster North (Edward Miliband) into his seat and he will get a grip.
Q8
.
[146198]
Mr Ronnie Campbell (Blyth Valley) (Lab):
A recent report by the TUC suggested that wages in this country have been depressed by 3% since you came to power. Sorry, I meant the Tories, not you, Mr Speaker. Given that fact and the cuts to welfare, why is it that bankers, spivs and speculators can get away with stuffing their pockets with £50 notes under the guise of bonuses? When will the Prime Minister get a grip of the fat cats? If he is not going to get a grip, he should let my right hon. Friend the Member for Doncaster North (Edward Miliband) into his seat and he will get a grip.
Asked by
Ronnie Campbell
(Labour)
Answering body
Prime Minister
Prime Minister's questions - 1st Supplementary
Status
Answered
Answered on
6 March 2013
I remind the hon. Gentleman that when his hon. Friends were in charge, the bonuses were higher, the banks were going bust and there was no proper regulation. That is why we are dealing with the mess—[Interruption.] He can try and wave it away, but the right hon. Members for Doncaster North (Edward Miliband) and for Morley and Outwood (Ed Balls) were sitting in the casino when the wheels stopped spinning and the country nearly went bust.
Subjects
Banks; Incentives; Pay
Date
6 March 2013
Reference
559 cc955-6
Chamber / Committee
House of Commons chamber
House
House of Commons
The Chancellor must think he is good when he has put hundreds of thousands of public servants on the dole, cut pensions, especially those of the police and armed forces, and cut local government finance. It has been reported in the newspapers that a banker is to receive a £9 million bonus. Why does not the Chancellor get off his backside, get into the banks, and get it sorted?
The Chancellor must think he is good when he has put hundreds of thousands of public servants on the dole, cut pensions, especially those of the police and armed forces, and cut local government finance. It has been reported in the newspapers that a banker is to receive a £9 million bonus. Why does not the Chancellor get off his backside, get into the banks, and get it sorted?
Asked by
Ronnie Campbell
(Labour)
Answering body
Treasury
Oral questions - 1st Supplementary
Status
Answered
Answered on
8 February 2011
I will take no lessons from the Labour party on bank bonuses. The shadow Chancellor presided at the Treasury when big bonuses were being paid out in cash, with no clawback and no lock-up. He backed that light-touch regime in government. We have taken the tough decisions on tackling bonuses. The Opposition should be apologising, not criticising.
Subjects
Banks; Pay
Date
8 February 2011
Reference
523 c141
Chamber / Committee
House of Commons chamber
House
House of Commons
What objectives he has set for the outcome of his discussions to limit the bonuses paid to bankers.
What objectives he has set for the outcome of his discussions to limit the bonuses paid to bankers.
Asked by
Ronnie Campbell
(Labour)
Answered by
Mark Hoban
(Conservative)
Answering body
Treasury
Oral questions - Lead
Status
Answered
Tabled on
2 February 2011
For answer on
8 February 2011
Answered on
8 February 2011
Our objective in these discussions is to create a banking industry that lends to the British economy, contributes to the Exchequer, and supports economic growth and employment. The Government are in discussions with the banks to see if a new settlement can be reached so that bonuses and remuneration policies are more transparent and levels of bonuses paid are smaller than they would otherwise have been. Alongside this, we are looking at options to ensure that banks make an appropriate contribution to local economies and communities and provide the credit required to support the economic recovery, facilitate growth and create jobs.
Subjects
Banks; Pay
Date
8 February 2011
Reference
38632; 523 c140-1
Chamber / Committee
House of Commons chamber
House
House of Commons
Now that the bank—some of them, anyway—are coming into profit, and the taxpayers are getting a small return on the enormous amount of money that they put in, when does the Prime Minister envisage selling the shares off to his friends in the City?
Now that the bank—some of them, anyway—are coming into profit, and the taxpayers are getting a small return on the enormous amount of money that they put in, when does the Prime Minister envisage selling the shares off to his friends in the City?
Asked by
Ronnie Campbell
(Labour)
Answering body
Prime Minister
Prime Minister's questions - 1st Supplementary
Status
Answered
Answered on
2 June 2010
I would much rather sell the shares in the banks to the hon. Gentleman's constituents. I believe in popular capitalism, and there might be an opportunity to do that. Clearly, important decisions will have to be made to ensure that we get the maximum amount of money back for the taxpayer, who has had to put so much money into the banks, and that we have a fully competitive banking system that serves business in this country so that it does not get ripped off by the banks. At the same time, privatising those banks back into the private sector where they belong can help encourage popular capitalism once again.
Subjects
Banks; Finance
Date
2 June 2010
Reference
510 c431
Chamber / Committee
House of Commons chamber
House
House of Commons
Asked by
Ronnie Campbell
(Labour)
Answered by
Lord Cameron of Chipping Norton
(Conservative)
Answering body
Prime Minister
Prime Minister's questions - Lead
Status
Answered
Answered on
2 June 2010
Notes
Lead question not printed
Subjects
Banks; Finance
Date
2 June 2010
Reference
430; 510 c431
Chamber / Committee
House of Commons chamber
House
House of Commons
The capitalist system and the banks have made a gigantic mess not only of the world economy but of ours as well, so why are the public services, the pensioners, the poor and the working class people of this country having to pay for it? Will the Prime Minister ensure that the next Labour Government will do something about the banks, so that this never happens again?
The capitalist system and the banks have made a gigantic mess not only of the world economy but of ours as well, so why are the public services, the pensioners, the poor and the working class people of this country having to pay for it? Will the Prime Minister ensure that the next Labour Government will do something about the banks, so that this never happens again?
Asked by
Ronnie Campbell
(Labour)
Answering body
Prime Minister
Prime Minister's questions - 1st Supplementary
Status
Answered
Answered on
21 October 2009
The reason that we took action on the banks was not to save the bankers but to ensure that ordinary people's savings, jobs and mortgages, and the businesses on which jobs depend, were secure. There is not one saver who has lost money as a result of the failure of a British bank to make good its promise to pay money to savers. Equally, my hon. Friend is absolutely right: the banks have failed us in many ways. That is why we are making the necessary reforms, but we have to make these changes globally to make them work. Otherwise, banks will just move from one country to another. We have to create a system of remuneration that has global implications for all banks, rather than one that applies to just one country. We have to ensure that the banks will again lend the money necessary for industry and for home owners, and that is exactly the Government's policy.
Subjects
Banks; Regulation
Date
21 October 2009
Reference
497 c910
Chamber / Committee
House of Commons chamber
House
House of Commons
Asked by
Ronnie Campbell
(Labour)
Answered by
Gordon Brown
(Labour)
Answering body
Prime Minister
Prime Minister's questions - Lead
Status
Answered
Answered on
21 October 2009
Notes
Lead question not printed.
Subjects
Banks; Regulation
Date
21 October 2009
Reference
497 c910
Chamber / Committee
House of Commons chamber
House
House of Commons
The Prime Minister has to take advice from time to time, but if he took advice from the national newspapers and the Leader of the Opposition to do nothing for the economy, what plight would this country be in now? Will he take advice from me and some of my hon. Friends and nationalise all the banks?
The Prime Minister has to take advice from time to time, but if he took advice from the national newspapers and the Leader of the Opposition to do nothing for the economy, what plight would this country be in now? Will he take advice from me and some of my hon. Friends and nationalise all the banks?
Asked by
Ronnie Campbell
(Labour)
Answering body
Prime Minister
Prime Minister's questions - 1st Supplementary
Status
Answered
Answered on
21 January 2009
President Obama and many countries around the world will be putting forward programmes for public investment in the future: public works programmes, investment in environmental technologies, investment in roads, transport, schools and hospitals. That is what we will do to keep jobs moving in the economy. It is unfortunate, as my hon. Friend says, that there is one party that opposes public investment in the future, and indeed would cut public investment at the time we need it most, and it is unfortunate that the Conservative party is isolated across the world.
Subjects
Banks; Finance
Date
21 January 2009
Reference
486 c752
Chamber / Committee
House of Commons chamber
House
House of Commons
Asked by
Ronnie Campbell
(Labour)
Answered by
Gordon Brown
(Labour)
Answering body
Prime Minister
Prime Minister's questions - Lead
Status
Answered
Answered on
21 January 2009
Notes
Lead question not printed.
Subjects
Banks; Finance
Date
21 January 2009
Reference
486 c752; 249486
Chamber / Committee
House of Commons chamber
House
House of Commons