Financial Services Bill

Part of the debate – in a Public Bill Committee at 4:15 pm on 5 January 2010.

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Photo of Tom Watson Tom Watson Member, Labour Party National Executive Committee 4:15, 5 January 2010

In an earlier contribution, the hon. Member for Chichester declared this clause to be the most important and most serious in the Bill. However, we heard an uncharacteristic outburst of hubris from the hon. Member for Fareham when he declared the outcome of the next general election, saying that he would not bother to put his alternative to the Committee but would wait until then.

Given the hon. Gentleman’s continued assault on tripartism, is my hon. Friend surprised that the hon. Gentleman has not bothered to put forward an alternative? If the hon. Gentleman wishes to interrupt the Minister every 30 seconds, detaining the Committee as a result, would he at least detain us by giving an alternative rather than making the same argument over and over again?