Business of the House

Jim Sheridan Excerpts

Thursday 6th March 2014 Commons Chamber

[Mr Lansley]

I am glad to have the opportunity to congratulate the staff at Harrogate district hospital. I visited it some years ago and know that it is a fine district general hospital.

My hon. Friend makes a good general point. In about 1998 or 1999, the last Labour Government abandoned universal health visiting services. Because we are expanding the number of health visitors, by the end of this Parliament, we will again see a universal service for all parents coming home with a new baby, so there will be an opportunity for health visitors to work with every family. That will make a big difference by starting people off on the right track.

On midwives, for years after 2001, the previous Government ignored the increase of about 16% in the number of babies being born in this country. There was nothing like a commensurate increase in the number of midwives. Happily, since 2010, this Government have more than kept pace with the increase in the number of babies being born and have been making up that deficit. The increase in the number of midwives will help us further to improve maternity services.

[Jim Sheridan (Paisley and Renfrewshire North) (Lab)]

Notwithstanding the previous comments of the Leader of the House on bankers’ bonuses, does he understand that millions of our constituents are at a loss to understand why British bankers are acting with impunity? Out of respect for you, Mr Speaker, I will temper my language. If these people continue to hold the country to ransom by threatening to leave the country, please let the reprobates go.

[Mr Lansley]

The Government have been very clear that in banks where we exercise a shareholding responsibility on behalf of the taxpayer, the level of bonuses will come down, bonuses should be paid in a form that can be recovered if people do not deliver and bonuses should often be deferred so that they can be linked directly to the long-term increase in the value of the business and the benefit to customers. Of course, there are many banks in which we do not have that shareholding responsibility. Those banks are subject to the law and to their shareholders, but that is as far as it goes.

What is important is that we have a more competitive banking system. That is what the Financial Services (Banking Reform) Act 2013 and the measures that we are putting in place will achieve. There should be more challenger banks. People can and should make their own judgments about which banks are providing them with the right service.