"I am most grateful for the extra three minutes, Ms Dorries.
I am grateful for the opportunity to raise the important issue of the time-stamping of all customer transactions in the foreign exchange markets. Time-stamping would prevent points from being skimmed off for the profit of the bank or the …..." Austin Mitchell - View Speech
"I am grateful to the Minister for her reply, but the difficulties that she has posed are not insuperable—they can be overcome. A time stamp is easier with electronic trading than with other forms of trading, but it should be used in all kinds of trades, because if there is …..." Austin Mitchell - View Speech
"I welcome this debate and congratulate hon. Friends on securing it, because we have not debated this matter for over 100 years, and it is time we did so. This House and the Government are obsessed with money and the economy, but we never debate the creation of money or …..." Austin Mitchell - View Speech
"The hon. Gentleman often asks tricky questions, but this one is perfectly clear-cut. The credit supply for the peripheral and old industrial parts of the economy, which include Scotland, but also Grimsby, has been totally inadequate, and the banks have been totally reluctant to invest there. I once argued for …..." Austin Mitchell - View Speech
"I am sorry—I am mid-diatribe and do not want to be interrupted.
It has proved possible to print money. The Americans have done it—there has been well over $1 trillion of quantitative easing in the United States. The European Central Bank is now contemplating it, as Mr Draghi casts around …..." Austin Mitchell - View Speech
"It is a pleasure to take part in this debate, during which we have heard three excellent maiden speeches. All of them were very impressive, so it is clear that we oldies will have to pull our socks up. As I listened to the speeches, I abandoned my long-standing hope …..." Austin Mitchell - View Speech
"Let me first express my almost inexpressible pleasure at serving under your chairmanship for, I think, the first time ever, Mr Amess, and also my pleasure at participating in this debate secured by my right hon. Friend the Member for Kingston upon Hull West and Hessle (Alan Johnson), who is …..." Austin Mitchell - View Speech
"It is good that the debate has come to a calmer and more sensible level. The start demonstrated exactly why the House is incapable of conducting an impartial inquiry. With that degree of partiality and the petty debating points made by the Chancellor, it would be impossible to conduct a …..." Austin Mitchell - View Speech
"To say that the Queen’s Speech was disappointing is not quite to plumb the depths of the inadequacy it demonstrated. Without being able to speak for Her Majesty, I am solidly assured that she would not have made the long and arduous journey from Buckingham palace had it not been …..." Austin Mitchell - View Speech