Caroline Lucas
Main Page: Caroline Lucas (Green Party - Brighton, Pavilion)Department Debates - View all Caroline Lucas's debates with the HM Treasury
(11 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Caroline Lucas (Brighton, Pavilion) (Green)
The Minister spoke of the importance of RBS becoming a bank that provides greater support to the British economy. I could not agree more, but rather than flog it off, would not a more effective way to achieve that aim be to maintain the bank in the public sector and to direct investment into projects that will genuinely benefit the public and the economy—into small businesses, affordable housing and home insulation—which will also create hundreds of thousands of local jobs?
Sajid Javid
Respectfully, I have to disagree with the hon. Lady. I think the Government have no long-term role in owning any part of the banking sector.