Banking System Debate

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Department: HM Treasury
Monday 9th February 2015

(9 years, 3 months ago)

Lords Chamber
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Lord Newby Portrait Lord Newby
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My Lords, I have not had any representations, and of course I would be very happy to meet a delegation.

Lord Richard Portrait Lord Richard (Lab)
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I wonder whether the Minister feels encouraged by the strong and vocal level of support that he has had from the Benches behind him. One thing that has been very notable is that not a Conservative has got to his feet, and I wonder why. Would the noble Lord agree that for banks to become respected they have to earn that respect? Would he also agree that they have a very long way yet to go?

Lord Newby Portrait Lord Newby
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Yes, my Lords, I would.