Skip to main content

Proceeding contribution from Lord Howard of Rising (Conservative) in the House of Lords on Monday, 2 February 2009. It occurred during Debate on bill on Banking Bill.


Banking Bill

My Lords, I wish that I had a pound note for every time the Minister has told me that he agrees with me but does nothing about it. I thank him for his explanation. Expectations may be in the code, but that does not mean that they will not be disappointed, rather like the disappointments that the Minister dishes out to me on such a regular basis. The amendment is about transparency, not accountability. It is about people’s ability to see why the Government are taking the steps that they are when they go outside a code that they themselves have written. It does not seem unreasonable that people should be told why the Government are deviating from their self-appointed agenda. Perhaps the Minister will comment. Amendment 11 withdrawn.


Secondary information

Type
Proceeding contribution
Reference
707 c505-6 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Codes of practice Consumers Accountability Directors Assets Bank services Banks Competition Delegated legislation Advisory services Building societies Bank of England Finance Human rights EU law Financial institutions Insolvency Government assistance Financial Services Authority Private sector Protection Pay Public appointments Pensions Public interest Property transfer Mergers Parliamentary scrutiny Pension funds Pension rights Nationalisation Regulation Shares Valuation Taxation Shareholders Treasury UK Financial Investments Financial Services Compensation Scheme Northern Rock Bradford and Bingley Hampton, Philip
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk