Business of the House
Debate between Lord Young of Cookham and Mary Macleod(13 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Sir George Young
If there is any question of criminal activity, the appropriate authority is the police. I am sure that the hon. Gentleman has taken the necessary steps to draw the matter to their attention.
Mary Macleod (Brentford and Isleworth) (Con)
The Mayor of London has worked hard to champion the effect that financial services and the City have on the overall UK economy. May we have a debate on how we can help in a positive way and work with the City to create jobs and growth for the future?
Sir George Young
My hon. Friend is right to remind the House that financial services make a substantial contribution to Government revenues. With London as a financial service centre, we have a competitive advantage over many other countries. My right hon. Friend the Chancellor has that matter at the front of his mind, and I suggest she awaits his statement at the end of the month.