Bank Bonuses Debate

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Department: HM Treasury

Bank Bonuses

Pat Glass 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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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.

Pat Glass Portrait Pat Glass (North West Durham) (Lab)
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The Chancellor has said several times that nothing is off the table if the banks do not conform to the code of practice. Can you explain to me and to people here today what exactly is on the table, and what you will do if they do not conform?

John Bercow Portrait Mr Speaker
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Order. I will do nothing at all, but I think the Chancellor might.