Draft Financial Services Bill (Joint Committee) Debate
Full Debate: Read Full DebateLord Spellar
Main Page: Lord Spellar (Labour - Life peer)Department Debates - View all Lord Spellar's debates with the Leader of the House
(13 years, 4 months ago)
Commons ChamberThe hon. Gentleman asks a valid question. As a new Member who unseated a former Member who had to pay back thousands of pounds, I am very much alive to these issues. I absolutely believe that if someone is forced to pay back £56,000 to which they were not entitled because they had knowingly misled the taxpayer—the Fees Office—they should be excluded from being a member of a committee that oversees the new financial services regulation. That goes to the heart of the issue. If the hon. Gentleman does not agree with me, I respect that, but I hope that he will indicate that that is his view. I do not see him indicating dissent, so I assume that he agrees.
My hon. Friend is focusing largely on the Commons composition of the Committee. Does he believe that the Lords composition makes it any broader or, to take the point made by my hon. Friend the Member for Bassetlaw (John Mann), any more representative?
My hon. Friend agrees with the hon. Gentleman about his Front Benchers’ defence policy.