I am following and I am intrigued by the hon. Gentleman's argument, but what evil is he seeking to prevent? If for some reason a British financial institution wanted to merge with a wine-making co-operative in the south of France, I presume that it would do so only because it thought it was in the best economic interests of the business. I am not completely clear about what precisely the hon. Gentleman is trying to prevent UK financial mutuals from doing. As far as I can see, they are motivated not by a love of wine, but by a love of profit.
Building Societies (Funding) and Mutual Societies (Transfers) Bill
Proceeding contribution from
Lembit Opik
(Liberal Democrat)
in the House of Commons on Friday, 19 October 2007.
It occurred during Debate on bills on Building Societies (Funding) and Mutual Societies (Transfers) Bill.
About this proceeding contribution
Reference
464 c1075 Session
2006-07Chamber / Committee
House of Commons chamberSubjects
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2023-12-15 12:35:57 +0000
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