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Amendment of the Law

Part of the debate – in the House of Commons at 1:25 pm on 20th March 2014.

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Photo of Tobias Ellwood Tobias Ellwood Conservative, Bournemouth East 1:25 pm, 20th March 2014

The right hon. Gentleman has just touched on banking. The Opposition constantly belittle our financial services industry. J. P. Morgan is an important bank, one of many in Bournemouth, with 5,000 employees who are not all millionaires. Every time Labour does that, all those companies think a little bit more about possibly leaving the UK and moving elsewhere, and that would be devastating for the economy.