(8 years, 3 months ago)
Commons ChamberThe hon. Gentleman is a doughty champion of businesses in Stoke-on-Trent. I know that the Secretary of State has already offered a meeting with businesses in that constituency, and I look forward to hearing more about the particular one he mentioned in his question.
(9 years, 6 months ago)
Commons ChamberIs not the reason it is difficult to get our money back from RBS that, other than the Greek banks, no other major bank in the world is in such a parlous, unprofitable state, the root causes of which go back to the last Labour Government—a poor loan book, terrible misconduct, resulting now in catastrophic fines, and ill-judged mergers? Even if we sell the shares at a loss, would that not merely be a tragic reminder to the British public of the failure and economic incompetence of Labour?