Rob Wilson
Main Page: Rob Wilson (Conservative - Reading East)Department Debates - View all Rob Wilson's debates with the HM Treasury
(12 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Osborne
I am not providing that advice across the Dispatch Box, but the Financial Services Authority, the Bank of England and the Treasury monitor British financial institutions to ensure that they are appropriately prepared for things that might happen. The European Banking Authority test that I have talked about takes into account a mark to market on the sovereign debt exposures of countries such as Italy and Spain.
Mr Rob Wilson (Reading East) (Con)
The Opposition have talked a lot about Britain’s marginalisation, so may I say that I welcome the fact that the Prime Minister attended yesterday’s meeting because I know that the Leader of the Opposition would much prefer President Sarkozy to represent this country? Will my right hon. Friend confirm that while he is Chancellor he will do everything he can to ensure that a British Prime Minister represents British interests in Europe?