Banking Reform

Part of Backbench Business — [11th allotted day] – in the House of Commons at 6:08 pm on 29 November 2010.

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Photo of Andrew Bridgen Andrew Bridgen Conservative, North West Leicestershire 6:08, 29 November 2010

Thank you, Mr Deputy Speaker, for letting me catch your eye in this debate; this is a little different from the last time that I spoke. I remind you, Mr Deputy Speaker, that it is not the size of the dog, but the size of the fight in the dog that decides who wins.

This is an important debate because we need a vibrant, strong and confident banking sector if we are to see the essential growth that all hon. Members desire for our economy. Before we look to the future, it is important that we should address the problems of the past, including the very recent past.

Many Labour Members seem to be keen simply to bash the bankers and blame them for the financial crisis and recession rather than look at the causal and contributory parts played by their own former Treasury Front Benchers, including the former Chancellor and Prime Minister, Mr Brown. He has much to answer for, and I wish that he were in the Chamber more often so that he could do so.