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Clause 1 - Deputy Governors

Part of Financial Services Bill – in a Public Bill Committee at 11:45 am on 21st February 2012.

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Photo of Cathy Jamieson Cathy Jamieson Shadow Minister (Treasury) 11:45 am, 21st February 2012

May I press the Minister briefly on the points related to Scotland raised by my hon. Friend the Member for Edinburgh East? As the Minister is aware, the passage of the Scotland Bill will give significant additional powers to the Scottish Parliament, the Scottish Government, particularly in terms of tax-raising and borrowing. That is important because it influences the overall economy.  The people of Scotland would believe that is a positive case for being part of the UK. There would continue to be recognition of the need and importance of having Scottish representation on key boards in relation to the economy. I recognise what has been said about Susan Rice already occupying one of those positions, but I think people would want some reassurance that that representation would be taken into account in future.