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Financial and Social Emergency Support Package

Part of the debate – in the House of Commons at 4:50 pm on 25th March 2020.

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Photo of Bill Esterson Bill Esterson Shadow Minister (Business, Energy and Industrial Strategy), Shadow Minister (International Trade) 4:50 pm, 25th March 2020

On the behaviour of the banks, I mentioned the 39.9% interest rates that the banks have announced that they will charge pretty much across the board—funny that, isn’t it? Does that not suggest that they are already embarked on exactly that approach of trying to make everybody else pay when they should be taking the opportunity to pay back for their role in the financial crisis?