Business of the House Debate

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Department: Leader of the House

Business of the House

Alun Cairns Excerpts
Thursday 10th February 2011

(13 years, 2 months ago)

Commons Chamber
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Lord Young of Cookham Portrait Sir George Young
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There will be opportunities to debate PAC reports. We welcome the report to which my hon. Friend refers, which was published on 8 February, on the mishandled M25 project. We are determined to get value for money for taxpayers and want to learn the lessons of the report and act on its recommendations.

Alun Cairns Portrait Alun Cairns (Vale of Glamorgan) (Con)
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Will the Leader of the House agree to a debate on financial regulation so that we can examine the failures of the system set up by the shadow Chancellor and move to a system in which banks can be competitive and yet pay their way?

Lord Young of Cookham Portrait Sir George Young
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There will be legislation on financial regulation, as we hope to put right the regime that we inherited, which manifestly failed. When that Bill comes forward, in either substantive or draft form, my hon. Friend will have an opportunity to develop his arguments.