Banking Bill
10:56 am

Peter Bone (Wellingborough, Conservative)
Finally, Mr. Chairman, we have already touched on it but there is the matter of funding this compensation scheme. I link it again to the travel industry, where the funding is put up by the travel companies and paid into a fund so that it is there for when a company collapses. It is very strange that we are treating bankers with kid gloves and not making them contribute. Last year, one of those banks made £9 billion. Are we talking one thing for bankers and another thing for other companies?
