Oral Answers to Questions Debate

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Department: Cabinet Office

Oral Answers to Questions

Pat McFadden Excerpts
Wednesday 13th June 2012

(12 years, 5 months ago)

Commons Chamber
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Lord Cameron of Chipping Norton Portrait The Prime Minister
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My hon. Friend makes an important point. No British taxpayers’ money is spent on World Bank loans to Argentina, and I think that that is an important point, but what is even more important is what happened yesterday. The Falkland islanders have decided that they will hold a referendum to demonstrate that they believe in self-determination. That is important because Argentina continues to try to hide the argument and to pretend that the views of the Falkland islanders do not matter. They do matter; I hope that they will speak loudly and clearly and that Argentina will listen.

Pat McFadden Portrait Mr Pat McFadden (Wolverhampton South East) (Lab)
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Q3. The Prime Minister just said that he believes that the Leveson inquiry dealt with all the relevant issues regarding the Secretary of State for Culture, Media and Sport, but it did not deal with section 118 of the Financial Services and Markets Act 2000, which deals with market abuse and the passing of information to one party that is not available to others in a market situation. Given the hundreds of texts, e-mails and memos in this case, will he ask the Financial Services Authority to examine the evidence and see whether there has been a breach of section 118 or any part of that Act?