City of London

I am a James Bond man: I actually tie my bow tie. I am delighted that the hon. Gentleman has said that we should take pride in the City and what it does. The City does an honourable job. Its 340,000 workers come from around this region—some 6,000 of them are my constituents. They do a fantastic job and probably create more for Britain's economy on the international scene than any other sector. I accept that there are major problems, particularly with bonuses, but only for the very highest-paid in the City.