(13 years, 10 months ago)
Commons Chamber8. What discussions he has had with ministerial colleagues on the level of employee bonuses to be paid by banks based in Scotland.
12. What discussions he has had with ministerial colleagues on the level of employee bonuses to be paid by banks based in Scotland.
With permission, Mr Speaker, I will answer Questions 8 and 12 together. I have regular discussions with ministerial colleagues on a range of issues. As the predominant shareholder in RBS, the Government expect the bank to be a back-marker and not a market leader on bonuses. People across the country are having to make adjustments as we come out of recession and repair our public finances. Everyone expects bankers to be part of this process.
(13 years, 11 months ago)
Commons ChamberIt is right that we should be replacing the Human Rights Act with a British Bill of Rights. I have personally looked at the matter long and hard and believe that there is no better solution than that. We are committed to starting a process of looking at that to see whether we can remove some of the nonsenses that have grown up over recent years and show that we can have a commitment to proper rights, but they should be written down here in this country.
The Government have announced an injection of £50 million of new money into the interim cancer drugs fund. Can the Prime Minister say whether there will be Barnett consequentials for Scotland, because that is new money?
We have not made any changes to the Barnett formula, so if that is Barnett-able, as it were, there will be consequentials, and if it is not, there will not be.