I know that they are not, but we did try to change that.
We have tabled an amendment, with the support of the Liberal Democrats, that would allow the Office of Fair Trading to have a supervisory role, in order to ensure that we were not simply relying on the assurances of the Chancellor of the Exchequer—or, indeed, EU state aid rules—to protect other financial services and institutions from unfair competition from Northern Rock.
Banking (Special Provisions) Bill
Proceeding contribution from
George Osborne
(Conservative)
in the House of Commons on Tuesday, 19 February 2008.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Banking (Special Provisions) Bill.
About this proceeding contribution
Reference
472 c187 Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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