Gregg McClymont
Main Page: Gregg McClymont (Labour - Cumbernauld, Kilsyth and Kirkintilloch East)Department Debates - View all Gregg McClymont's debates with the Leader of the House
(11 years, 6 months ago)
Commons ChamberI will seek a response from my right hon. Friend. The Minister for Schools, my right hon. Friend the Member for Yeovil (Mr Laws) is on the Front Bench and will, no doubt, have heard that question.
May we have a debate on the best use to which the Government can put the rather hefty fines that some banks are paying over the manipulation of LIBOR? Do the Government agree that it would be a good idea to transfer that money to the new green investment bank in Edinburgh?
I am sure that the hon. Gentleman and the whole House would agree that the fines have so far been used very well in support of the military covenant. However, I will raise his suggestion with Treasury colleagues.