Oral Answers to Questions

George Howarth Excerpts

Wednesday 19th December 2012 Commons Chamber

[The Prime Minister]

The Government have looked at this carefully. We commissioned the Vickers report, which came up with the idea of ring-fencing, which was right. The key is that we want to ensure that, if a bank fails, it can fail safely, without taxpayers having to stump up the money to sort it out. That would be a major advance, and something the whole country would support.

[Mr George Howarth (Knowsley) (Lab)]

The Prime Minister will be aware of the welcome news this morning that the Attorney-General’s application to quash the Hillsborough verdicts was upheld by the High Court. He will understand that that will involve the Hillsborough families in a great deal of legal costs to ensure that they are properly represented. Will he agree to waive the VAT on the CD “He Ain’t Heavy, He’s My Brother”, the proceeds from which will go directly to the Hillsborough families to support their legal case?

[The Prime Minister]

I join the right hon. Gentleman in welcoming the decision made today. The Hillsborough families have long wanted this new inquest, and it is very good that the system has moved relatively rapidly since the Hillsborough statement and the Hillsborough debate in the House to help bring the decision about. I have received representations on the Hillsborough families’ single. The Chancellor of the Exchequer is currently on the other side of the Atlantic, but as the First Lord of the Treasury, I think I can confidently predict that there will be a decision that will go down well on Merseyside.