All 1 Debates between George Osborne and Tessa Munt

Oral Answers to Questions

Debate between George Osborne and Tessa Munt
Tuesday 10th May 2011

(13 years, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
George Osborne Portrait Mr Osborne
- Hansard - -

I thank my hon. Friend for advance notice of his important question. Both the Governor of the Bank of England and the Government take the accountability of the Bank very seriously. Clearly the Bank will receive considerable new powers for its prudential regulation of our financial system and in its macro-prudential tools. We are looking at specific ideas for enhancing the Bank’s accountability, including to this House, but it would be appropriate first for me to appear before my hon. Friend’s Committee—I know that he has contacted my office seeking a date—and to await the Treasury Committee’s findings, so that we can listen to what it has to say before coming up with our confirmed proposals.

Tessa Munt Portrait Tessa Munt (Wells) (LD)
- Hansard - - - Excerpts

2. What recent assessment he has made of trends in levels of bank lending to small businesses.