Banking Commission Report Debate

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Department: HM Treasury

Banking Commission Report

Gregg McClymont Excerpts
Monday 19th December 2011

(12 years, 10 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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We have made a clear commitment—Sir John Vickers set the back-stop at 2019, but we have said that we want the legislation to go through by 2015. My hon. Friend has to appreciate, and I am sure he does, that it is about passing not just the primary legislation but the secondary legislation through Parliament. That is a very complex matter, because we do not want the banks to find a way around secondary legislation and we do not want to come up with rules that turn out to be full of holes. It is detailed, technical work, but we are absolutely determined to do it and have given ourselves a clear timetable for delivering it.

Gregg McClymont Portrait Gregg McClymont (Cumbernauld, Kilsyth and Kirkintilloch East) (Lab)
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How much money has the City of London donated to the Conservative party since the general election?