Equitable Life (Payments) Bill

Angus Brendan MacNeil Excerpts

Tuesday 14th September 2010 Commons Chamber

[Mr Hoban]

The hon. Gentleman should really direct his anger at his own Front Benchers, who for years blocked the investigation of Equitable Life by the ombudsman, who tried to delay her report and who took six months to respond to her findings. The real culprits are on the Opposition Front Bench, not on the Government Benches.

[Mr Angus Brendan MacNeil (Na h-Eileanan an Iar) (SNP)]

The Minister, in his opening remarks, spoke of justice. Where does justice lie—at 10% of losses, 100% of losses or some random figure in between?

[Mr Hoban]

As I have tried to make clear, the decision about how much the taxpayer can afford will be taken in the context of the spending review, when we look at this bid for spending alongside other bids.