Royal Bank of Scotland

Debate between Harriett Baldwin and Lord Evans of Rainow

Thursday 11th June 2015 Commons Chamber

[Graham Evans (Weaver Vale) (Con)]

I am delighted to welcome my hon. Friend to her place. Will she remind the House who gave Fred “the Shred” Goodwin a knighthood for services to banking?

[Harriett Baldwin]

I thank my hon. Friend for a good question that reminds us not only of the failure of the banking regulatory system under the previous Government, but of the rewards for failure. Labour allowed Fred Goodwin to walk away with an enormous pension and a knighthood.