Banking (Responsibility and Reform)

Jack Dromey Excerpts

Tuesday 7th February 2012 Commons Chamber

[Jack Dromey (Birmingham, Erdington) (Lab)]

With house building down, homelessness up and nearly 2 million people on waiting lists for council housing, does my hon. Friend agree with the unemployed building worker in Erdington who said to me that the time has come to tax the bankers, build homes, put people such as him back to work, and create apprenticeships and hope for our young people?

[Mr Umunna]

I agree with my hon. Friend, and that is why we are arguing for the reintroduction of the bank bonus tax, as part of Labour’s five-point plan for growth and jobs.