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Amendment of the Law

Part of the debate – in the House of Commons at 6:50 pm on 24th March 2014.

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Photo of Peter Hain Peter Hain Labour, Neath 6:50 pm, 24th March 2014

I agree with the right hon. Gentleman to this extent: we did not regulate the banks well enough or carefully enough, but his party—not necessarily him, but his leadership—was saying that there should be less regulation of the banks at that time, yet now they have the temerity to attack our spending plans when we brought borrowing down. [Interruption.]