Business of the House

Part of the debate – in the House of Commons at 10:37 am on 7th March 2013.

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Photo of Andrew Lansley Andrew Lansley The Leader of the House of Commons 10:37 am, 7th March 2013

Yes, I am with my hon. Friend on that. I think that such a debate would be important, if the opportunity arose. It would be an occasion to discuss the issue, rather than trying to devise some political advantage, in circumstances in which everyone knows that it was the Labour party that was responsible for the banking crisis that has so afflicted this country. Instead of apologising for that, Labour Members are trying to take political advantage when they know perfectly well that we should actually be working together to ensure that we have effective regulation of the banks, including bankers’ bonuses and not the kind of regulation that could lead to higher costs and reduced competitiveness.