Lord Cormack
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Governor of the Bank of England
Lord Cormack Excerpts(12 years, 4 months ago)
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Lord Sassoon
My Lords, if that is an oblique reference to my right honourable friend the Chancellor, I do not believe that an apology is needed. I agree with the noble Lord, Lord Tomlinson, that honour and integrity will be among the qualities needed by a future governor.
Lord Cormack
My Lords, if we are looking for such a paragon, should not the runner-up in the Canterbury stakes be considered?
Lord Sassoon
My Lords, I am not going to be drawn into a discussion of particular candidates, but the Bishops’ Bench is making some very notable contributions to the deliberations on the Financial Services Bill.