Financial Services Bill

Part of the debate – in a Public Bill Committee at 12:00 pm on 10 December 2009.

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Angela Knight: No, I wouldn’t do that, but you can put in place steps for stability and then find that they are themselves the cause of instability. Indeed, we all see what happens in the run-up to the Monetary Policy Committee meeting when there is a view that perhaps interest rates are going to change. There is much speculation in the market beforehand. There is much breath-holding, and then commentary on whether people think it has made the right decision or the wrong decision, and whether people are disappointed or not.