Report (1st Day)
Banking Bill
6:30 pm
Lord Davies of Oldham (Deputy Chief Whip (House of Lords), HM Household; Labour)
My Lords, is the noble Baroness seriously contending that Parliament would not find a way of holding the Government to account if the operation of Northern Rock was such as to cause enormous public anxiety and a feeling that it would be kept in public ownership in perpetuity, or that the bank was being directed in anything other than the arm's-length way that the Government had indicated?