Viscount Thurso
Main Page: Viscount Thurso (Liberal Democrat - Excepted Hereditary)Department Debates - View all Viscount Thurso's debates with the HM Treasury
(13 years, 3 months ago)
Commons Chamber Mr Osborne
    
        
    
    
    
    
    
        
        
        
            Mr Osborne 
        
    
        
    
        It is for the House of Commons and the House of Lords to pass a motion, so ultimately it is a matter for the House.
 John Thurso (Caithness, Sutherland and Easter Ross) (LD)
        
    
    
    
    
    
        
        
        
            John Thurso (Caithness, Sutherland and Easter Ross) (LD) 
        
    
        
    
        At the heart of this matter is a culture that has seen bankers go from trusted advisers to salesmen and clients go from valued clients to marks. Given that culture, is it not right that the Committee be asked to interview the Vickers commission again to see whether, in its view, ring-fencing is adequate following these events?
 Mr Osborne
    
        
    
    
    
    
    
        
        
        
            Mr Osborne 
        
    
        
    
        It would be entirely up to the Committee to call whomever it would want to call, and it might well want to speak to John Vickers, who has enormous expertise in this area.