Business of the House

Part of the debate – in the House of Commons at 11:32 am on 26 January 2012.

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Photo of George Young George Young The Leader of the House of Commons 11:32, 26 January 2012

I would welcome such a debate. My hon. Friend will know that we have introduced a bank levy that raises £2.6 billion a year, and reduced bonus payouts, which are now some 40% lower than under the previous Government, who, as he says, took no action whatever in that important area.