Luciana Berger
Main Page: Luciana Berger (Liberal Democrat - Liverpool, Wavertree)Department Debates - View all Luciana Berger's debates with the HM Treasury
(13 years, 4 months ago)
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Mr Osborne
Absolutely. What we want is the maximum sustainable tax revenue—that is the objective of this Government—and, indeed, to get the maximum sustainable lending into the British economy. We are trying to link the two in a settlement. I have no idea what the Labour party is proposing, but this is the sensible way forward.
Luciana Berger (Liverpool, Wavertree) (Lab/Co-op)
May I give the Chancellor another opportunity to answer the question? When are we going to see the detailed proposals for robust action, as promised on page 9 of the coalition agreement, specifically to target—bankers’ bonuses?
Mr Osborne
“It says here.”
What I would say is that we have introduced the code of practice, which extends the coverage of the code to 2,500 firms rather than 25. We are taking that action, and as I have said, we are also seeking a lower bonus pool than existed when the party that the hon. Lady supports was in government last year. That is a sensible step forward in the current climate.