Rob Wilson
Main Page: Rob Wilson (Conservative - Reading East)(12 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text
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Vince Cable
I am surprised that Labour Members keep reminding us about bankers’ pay. Bankers’ bonuses in 2008-09, when the Labour party was still in government, were something of the order of £13 billion. They have now come down to about a quarter of that.
Mr Rob Wilson (Reading East) (Con)
How does the Secretary of State think that his plans will help attract inward investment and so aid growth?
Vince Cable
I think they will help considerably. Many of the countries from which we attract inward investment have good corporate governance systems, in which there is considerable restraint on excessive pay, and reward for success rather than failure.