To ask Her Majesty’s Government whether they, or any pension schemes underwritten or directed by trustees appointed by them, including the National Employment Savings Trust, have shareholdings in Barclays Bank; and whether they will advise or direct them on how to exercise their vote on the bank's remuneration policy.[HL5373]

To ask Her Majesty’s Government whether they, or any pension schemes underwritten or directed by trustees appointed by them, including the National Employment Savings Trust, have shareholdings in Barclays Bank; and whether they will advise or direct them on how to exercise their vote on the bank's remuneration policy.[HL5373]

To ask the Chancellor of the Exchequer what estimate his Department has made of the proportion of shares by value owned by individuals.

To ask the Chancellor of the Exchequer what estimate his Department has made of the proportion of shares by value owned by individuals.

To ask the Chancellor of the Exchequer how many former shareholders of Bradford & Bingley Building Society at the time of its nationalisation in 2008 lived in (a) the UK and (b) Watford constituency.

To ask the Chancellor of the Exchequer how many former shareholders of Bradford & Bingley Building Society at the time of its nationalisation in 2008 lived in (a) the UK and (b) Watford constituency.

I want to come on to some of the things we can do to continue to ensure that the things that happened in the past and recently do not happen again. We need to restore confidence in the banking world for customers, consumers and the wider economy. It has given...

I want to come on to some of the things we can do to continue to ensure that the things that happened in the past and recently do not happen again. We need to restore confidence in the banking world for customers, consumers and the wider economy. It has given...

I am grateful for my hon. Friend’s support. I am sure her constituent, who is a shareholder who lost everything, is also grateful for her support. Her point on the lack of transparency is absolutely right.

The full picture of how the banking crisis developed probably goes back to 2003-04, when...

I am grateful for my hon. Friend’s support. I am sure her constituent, who is a shareholder who lost everything, is also grateful for her support. Her point on the lack of transparency is absolutely right.

The full picture of how the banking crisis developed probably goes back to 2003-04, when...

My hon. Friend is right. Many small investors, not just in Calder Valley but around the country, lost hard-earned cash that they had saved all their lives to invest in what they hoped would be a better future in retirement. That is exactly what I am talking about. My constituent...

My hon. Friend is right. Many small investors, not just in Calder Valley but around the country, lost hard-earned cash that they had saved all their lives to invest in what they hoped would be a better future in retirement. That is exactly what I am talking about. My constituent...

It is a pleasure to serve under your chairmanship, Mr Betts. I hope you will convey my thanks to Mr Speaker for granting this debate.

As the Member of Parliament for the Shipley constituency, which includes the towns of Bingley and Crossflatts, where Bradford & Bingley was based, I have asked...

It is a pleasure to serve under your chairmanship, Mr Betts. I hope you will convey my thanks to Mr Speaker for granting this debate.

As the Member of Parliament for the Shipley constituency, which includes the towns of Bingley and Crossflatts, where Bradford & Bingley was based, I have asked...

My hon. Friend is absolutely right, and I know that he has been particularly helpful to the Bradford & Bingley shareholder action group. I thank him for all the help and support he has given to the many shareholders.

Surely the public interest demands full disclosure of the facts to secure...

My hon. Friend is absolutely right, and I know that he has been particularly helpful to the Bradford & Bingley shareholder action group. I thank him for all the help and support he has given to the many shareholders.

Surely the public interest demands full disclosure of the facts to secure...

It is a pleasure to speak in the debate under your chairmanship, Mr Betts. I thank my hon. Friend the Member for Shipley (Philip Davies) for securing this important debate on behalf of thousands of Bradford & Bingley investors. It finally gives us an opportunity to speak up for those...

It is a pleasure to speak in the debate under your chairmanship, Mr Betts. I thank my hon. Friend the Member for Shipley (Philip Davies) for securing this important debate on behalf of thousands of Bradford & Bingley investors. It finally gives us an opportunity to speak up for those...

I congratulate my hon. Friend on his impressive speech. The opening remarks of my hon. Friend the Member for Shipley (Philip Davies) were equally impressive. My constituent, John, a forestry worker on low agricultural wages, was bequeathed 2,400 Bradford & Bingley shares by his late father. They were worth about...

I congratulate my hon. Friend on his impressive speech. The opening remarks of my hon. Friend the Member for Shipley (Philip Davies) were equally impressive. My constituent, John, a forestry worker on low agricultural wages, was bequeathed 2,400 Bradford & Bingley shares by his late father. They were worth about...

I have listened with great interest to the comments of the hon. Member for Shipley (Philip Davies), whom I congratulate on securing this important debate, and of the hon. Member for Calder Valley (Craig Whittaker). I was struck by the fact that both referred to a duty of care. I...

I have listened with great interest to the comments of the hon. Member for Shipley (Philip Davies), whom I congratulate on securing this important debate, and of the hon. Member for Calder Valley (Craig Whittaker). I was struck by the fact that both referred to a duty of care. I...

I do not envy the position that the hon. Lady finds herself in today. I appreciate that we cannot do anything about what occurred in 2008, but we can today do something about

the culture of secrecy that followed. Will she commit to the hon. Members gathered here that she...

I do not envy the position that the hon. Lady finds herself in today. I appreciate that we cannot do anything about what occurred in 2008, but we can today do something about

the culture of secrecy that followed. Will she commit to the hon. Members gathered here that she...

I am sure that the hon. Gentleman will be aware of the conventions relating to previous Governments. I am pretty sure that I will not be in a position, even in the likely event that there is a Labour Government the next time around, to discuss releasing papers from a...

I am sure that the hon. Gentleman will be aware of the conventions relating to previous Governments. I am pretty sure that I will not be in a position, even in the likely event that there is a Labour Government the next time around, to discuss releasing papers from a...

There is a big difference between stepping in to help and obliterating a high street bank. Northern Rock is still out there. People can still visit a Northern Rock branch. That is not the issue, however. The issue is that Bradford & Bingley was treated completely differently from every other...

There is a big difference between stepping in to help and obliterating a high street bank. Northern Rock is still out there. People can still visit a Northern Rock branch. That is not the issue, however. The issue is that Bradford & Bingley was treated completely differently from every other...

I appreciate the hon. Gentleman’s comments. He has been a powerful advocate on the behalf of his constituents, and I am sure that he will have other questions, but it is important to understand the context. The then Treasury director general wrote in the March 2012 “Review of HM Treasury’s...

I appreciate the hon. Gentleman’s comments. He has been a powerful advocate on the behalf of his constituents, and I am sure that he will have other questions, but it is important to understand the context. The then Treasury director general wrote in the March 2012 “Review of HM Treasury’s...

In light of what the hon. Lady has just said, can she enlighten us as to why Bradford & Bingley was treated entirely differently from other banks, some of which received more than £60 billion in taxpayer money only a short time later?

In light of what the hon. Lady has just said, can she enlighten us as to why Bradford & Bingley was treated entirely differently from other banks, some of which received more than £60 billion in taxpayer money only a short time later?

I said at the beginning that I was sure that hon. Members would be disappointed that I would not be able to describe the day-to-day dealings of the previous Government. I am looking at the case on the basis of the information currently available.

The role of the European Commission was...

I said at the beginning that I was sure that hon. Members would be disappointed that I would not be able to describe the day-to-day dealings of the previous Government. I am looking at the case on the basis of the information currently available.

The role of the European Commission was...

I welcome you to the Chair, Mr Betts. It is a pleasure to serve under your chairmanship.

I thank my hon. Friend the Member for Shipley (Philip Davies) for securing the debate and for his continued commitment and effort in tirelessly pursuing the issue on behalf of his constituents. I have...

I welcome you to the Chair, Mr Betts. It is a pleasure to serve under your chairmanship.

I thank my hon. Friend the Member for Shipley (Philip Davies) for securing the debate and for his continued commitment and effort in tirelessly pursuing the issue on behalf of his constituents. I have...

The Minister is outlining a tightening up of the regulatory regime, which I am sure all our constituents would welcome. However, does he recognise that those who have been let down by the Bradford & Bingley scandal and other financial scandals feel that regulators go native, stand back and, instead...

The Minister is outlining a tightening up of the regulatory regime, which I am sure all our constituents would welcome. However, does he recognise that those who have been let down by the Bradford & Bingley scandal and other financial scandals feel that regulators go native, stand back and, instead...

My hon. Friend makes a good point that has been brought up by many hon. Members before. With the reforms we have implemented, and some that we are still in the process of implementing, the Government have created a stronger, more rigorous system, to have regulators with a lot more...

My hon. Friend makes a good point that has been brought up by many hon. Members before. With the reforms we have implemented, and some that we are still in the process of implementing, the Government have created a stronger, more rigorous system, to have regulators with a lot more...