Financial Stability

I agree that the system needs to be fair and open. My hon. Friend is quite right that people accept the fact that somebody may be well rewarded for improving the performance of a company or working extremely hard. No one wants to stop that, but we do want to stop situations in which, by accident or as an unintended consequence, people are rewarded for doing things that seriously undermine the financial world, and which are bad not only for their company but for everybody else.