(10 years, 5 months ago)
Commons ChamberMy hon. Friend may know that in May 2010, when Metro bank was granted a full banking licence, that was the first new full banking licence for over 100 years, so the fact that the regulator is talking to potentially more than 25 new banks is very good news for competition and choice in the UK.
3. What recent assessment he has made of the potential effect of increasing tax on businesses on public finances.