Oral Answers to Questions Debate

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Department: Northern Ireland Office

Oral Answers to Questions

Chris Evans Excerpts
Wednesday 23rd March 2011

(13 years, 8 months ago)

Commons Chamber
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Lord Cameron of Chipping Norton Portrait The Prime Minister
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That was an ingenious question from my hon. Friend. I have to say that selling the gold was one of the many appalling decisions taken by the previous Government and was advised by the two people now responsible for their economic policy in opposition.

Chris Evans Portrait Chris Evans (Islwyn) (Lab/Co-op)
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Q5. Why is poor performance still being rewarded in the banking industry with massive bonuses?

Lord Cameron of Chipping Norton Portrait The Prime Minister
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What we have done in the banking industry is make sure that it is paying a £2.5 billion banking levy, not as a one-off, but every single year during this Parliament, so under this Government, the taxes it pays will go up; the bonus levels have gone down; and the lending to small businesses—and large businesses—will increase. The hon. Gentleman should welcome that approach.