Financial Services

Part of the debate – in the House of Commons at 7:27 pm on 15th February 1994.

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Photo of Anthony Steen Anthony Steen , South Hams 7:27 pm, 15th February 1994

I understand that the hon. Gentleman is saying that there is too much bureaucracy, which will prevent anyone from acting because it is all overlapping and, presumably, it is paid out of the public purse. An enormous number of public officials are preventing a clear, direct executive arm. Is that what the hon. Gentleman is saying?