Business of the House

Steve Rotheram Excerpts

Thursday 24th March 2011 Commons Chamber

[Sir George Young]

My hon. Friend has drawn a contrast between the doubling of council tax under the Labour Government and the freeze introduced by the current Government. He may also know that we have abandoned plans for a council tax revaluation that would have meant soaring bills for millions of homes.

[Steve Rotheram (Liverpool, Walton) (Lab)]

The Leader of the House turned down my previous request, but will he now find time for a debate on pay structures in banks, following the revelation that last year RBS paid 323 staff more than £1 million each, Barclays paid 231 staff more than £1 million each, and HSBC paid 280 staff more than £1 million each? Does he agree that that requires an urgent debate, given that yesterday’s Budget failed to tackle such excess?

[Sir George Young]

If that requires an urgent debate, which I concede may well be the case, that urgent debate can take place over the next three days. My right hon. Friend the Chancellor has announced an increase in the bank levy. However, it would be perfectly in order for the hon. Gentleman to catch your eye, Mr Speaker, today or on Monday or Tuesday, and to receive a response from one of my Treasury colleagues.