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Banking Reform

Part of Business of the House – in the House of Commons at 1:18 pm on 17th June 2010.

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Photo of Mark Hoban Mark Hoban The Financial Secretary to the Treasury 1:18 pm, 17th June 2010

I am grateful for my hon. Friend's question. It is important to ensure that businesses have confidence that where macro-prudential threats arise in future, action will be taken to resolve them. They did not have that confidence in the previous regime and I hope that they will have that confidence following the reforms that we have put forward today.

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