Gavin Strang

On jobs and the leadership that the Prime Minister has provided, not least at the G20 summit, to help us get through this international recession, are there now grounds for cautious optimism that the Government's measures have in fact saved the British banking system? Is it not worth noting in passing that as far as lending for investment is concerned, a number of British companies are having successful rights issues for this purpose?

— from debate entitled “European Council”

The three speeches/headings immediately before

  1. 1 earlier: Gordon Brown

    No, Mr. Speaker. Only in two instances is the mediation binding and these two instances are in the interests of Britain. The first is if there is a dispute between home and host country. I can think of many instances where the possibility of such mediation would be in the interests of our country. The second is in the application of the rules. If we have common rules—we want common rules not just in Europe, but around the world—it makes sense to show that these rules are being observed.

  2. 2 earlier: Michael Fallon

    Beyond the need for more co-operation and closer financial surveillance, has not the Prime Minister now conceded that the mediation proposed on cross-border supervision will in fact now be binding on our national regulator?

  3. 3 earlier: Gordon Brown

    It is in British interests that our parties work with Chancellor Merkel, President Sarkozy, Prime Minister Berlusconi and other leaders in Europe. It is sad that the Conservative party has rejected that centre-right grouping in favour of another grouping that contains a number of people with whose views I certainly could not agree and most people in this House would find it difficult to agree.

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