(11 years, 3 months ago)
Commons ChamberDo we not also need a bit of consistency from the Conservative part of the coalition, which not only supported that Bill but in some cases, as with the Chancellor, wanted to go further with deregulation of the banking system?
My hon. Friend is absolutely right, and I was just about to come on to that. The Business Secretary, soon after making that statement in favour of our regulatory framework, said:
“Like the Conservative Opposition, we shall approach the issues constructively. There is no reason to hold back the Bill.”—[Official Report, 28 June 1999; Vol. 334, c. 58.]
My hon. Friend the Member for North Durham (Mr Jones) is absolutely right: neither the Conservative party nor the Liberal Democrats voted against that Bill in opposition, and yet we have had no expression of regret from them for supporting the regulatory framework that we put in place. It is about time that we heard some mea culpa from Government Members.
In 2004, I promoted the Christmas Day (Trading) Bill, which became an Act later that year. One of the main supporters of the Bill were the Christian Churches in this country. Does my hon. Friend agree that it is a little ironic for the Prime Minister and his Cabinet colleagues to introduce this Bill given that they talk about the importance of Christianity to the nation?