Banking Failure

Part of Oral Answers to Questions — Scotland – in the House of Commons at 11:30 am on 4th May 2011.

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Photo of David Mundell David Mundell The Parliamentary Under-Secretary of State for Scotland 11:30 am, 4th May 2011

I do not think that the hon. Gentleman was listening to my last response. His leader, Alex Salmond, previously described the UK regulation as “gold-plated” and, at the previous Scottish elections, offered the voters “light-touch regulation”. This is the same Alex Salmond who said that the banking crisis was down to “spivs and speculators”.