Bank Bonuses Debate

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Department: HM Treasury

Bank Bonuses

Andrew Bridgen Excerpts
Tuesday 11th January 2011

(13 years, 4 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I do remember exactly that story of the Labour Government; indeed, I was reminded of it recently when I saw Tony Blair, that well-known consultant for J. P. Morgan. We are trying to sort out the situation that we inherited—a complete mess with no plans to put it right. Now, seven months in, the Opposition still have no serious economic policy to put forward.

Andrew Bridgen Portrait Andrew Bridgen (North West Leicestershire) (Con)
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Is the Chancellor of the Exchequer as appalled as I am by the mock anger of those on the Opposition Benches, which is a blatant attempt to mask the fact that they completely failed to regulate the banking industry that amounts to no more than blatant opportunism, and smacks of canting hypocrisy?

George Osborne Portrait Mr Osborne
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It is blatant opportunism, and it is a substitute for a serious economic policy. People will have long memories about what happened when Labour was in charge of our economy.