Peter Lilley

Why does the Prime Minister think that handing over the regulation of the City of London to countries that either have no experience of regulating large financial sectors or have been so conspicuously unsuccessful that none has a financial system even a quarter the size of our own will be beneficial to London?

— from debate entitled “European Council”

The three speeches/headings immediately before

  1. 1 earlier: Gordon Brown

    I think that my right hon. Friend will find that there are very large resources going into this issue, but I will write to him with the details.

  2. 2 earlier: Keith Vaz

    The presidency's conclusions call for strong action against criminal networks involved in human trafficking. On 20 May, the Prime Minister gave a commitment that the budget of the Metropolitan police trafficking unit would be increased. Is that going to happen soon?

  3. 3 earlier: Gordon Brown

    The hon. Gentleman used to talk about an arc of security—[Hon. Members: "Prosperity."]—an arc of prosperity that included Iceland, Scotland and Ireland. He must understand that the economic problems in Iceland and Ireland and the economic problems of the banks in Scotland were very big indeed.

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