Royal Bank of Scotland Debate

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Department: HM Treasury

Royal Bank of Scotland

Lord Evans of Rainow Excerpts
Thursday 11th June 2015

(9 years, 6 months ago)

Commons Chamber
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Lord Evans of Rainow Portrait Graham Evans (Weaver Vale) (Con)
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I am delighted to welcome my hon. Friend to her place. Will she remind the House who gave Fred “the Shred” Goodwin a knighthood for services to banking?

Harriett Baldwin Portrait Harriett Baldwin
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I thank my hon. Friend for a good question that reminds us not only of the failure of the banking regulatory system under the previous Government, but of the rewards for failure. Labour allowed Fred Goodwin to walk away with an enormous pension and a knighthood.