Oral Answers to Questions
Debate between Sajid Javid and Lord Watts(11 years, 3 months ago)
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Sajid Javid
It is not clear what the hon. Lady is proposing. Is she saying that she is against some of the changes we have made on welfare? Is she pledging more spending, more borrowing, and more debt? The Labour party need a policy on those issues. Our policies are clear: to deal with poverty we are focused on trying to generate even more growth. The economy has turned a corner; there is more to do but jobs are being generated in Britain at a record rate.
Mr Dave Watts (St Helens North) (Lab)
4. Whether he plans to introduce a land tax.
Royal Bank of Scotland
Debate between Sajid Javid and Lord Watts(11 years, 5 months ago)
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Sajid Javid
I agree. We have talked about Stephen Hester and the role he has played in bringing the bank back from the brink, but that would not have been possible without the dedicated staff that RBS has had, and we must never forget the contribution they have made in repairing the bank.
Mr Dave Watts (St Helens North) (Lab)
It is clear from the Minister’s statement that the Chancellor has sacked the chief executive. Can the Minister assure the House that there is no gagging clause in the chief executive’s contract when he leaves with his package of £5 million that will stop him setting out his own views on when RBS should be sold?
Sajid Javid
I do not know whether the hon. Gentleman was listening to the statement I made. If he was, he would realise that the RBS board made this decision.