Independent Banking Commission Report

Part of Oral Answers to Questions — Home Department – in the House of Commons at 3:35 pm on 12th September 2011.

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Photo of George Osborne George Osborne The Chancellor of the Exchequer 3:35 pm, 12th September 2011

In a sense, the right hon. Gentleman is right. The proof of all the arrangements that we are putting in place, and the international arrangements, will be in the pudding—although it is not really the kind of pudding that we want, because it is a banking crisis.