Executive Pay Debate

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Executive Pay

Duncan Hames Excerpts
Monday 23rd January 2012

(12 years, 10 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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In general, retrospective legislation is not a good thing, but I will look at the implications of the question.

Duncan Hames Portrait Duncan Hames (Chippenham) (LD)
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As we have heard, some hon. Members argue that nothing should be done to put at risk a light-touch, risk-based regulatory regime. In my right hon. Friend’s attempts to achieve cross-party consensus on the matter, how does he hope to persuade the shadow Chancellor to abandon that position?

Vince Cable Portrait Vince Cable
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I was not aware of the shadow Chancellor’s wisdom on that particular subject, but his party leader has spoken constructively and I hope that that will lead to agreement between our parties on how we can proceed.