The Economy

Part of Council Tax Rebate – in the House of Commons at 4:59 pm on 31 March 2009.

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Photo of Bill Cash Bill Cash Conservative, Stone 4:59, 31 March 2009

Following the line the hon. Gentleman is taking on the importance of national supervision, does he rule out the proposals in the de la Rosière report and the European Commission's proposals to have European supervision of banking and financial services, which the Government appear to be pretending could be supervised at national level, when in fact the legal framework would be decided through the majority voting arrangements and the ultimate jurisdiction of the European Court of Justice?