When some of us raised these issues in the previous Parliament, the then Government pooh-poohed the whole problem of speculation in relation to derivatives and so on. Does the hon. Lady share the concern that, as banks, hedge funds and all our pension funds try to work their way towards replenishing themselves after the crisis, there is a danger that they will go back to the bad ways of speculating in all sorts of commodities? Does she think the Government should prioritise this issue during their G8 presidency next year, and discuss with other Governments how to circumscribe the capacity of financial institutions to play dangerous games with this sort of speculation?
Financial Services Bill
Proceeding contribution from
Mark Durkan
(Social Democratic & Labour Party)
in the House of Commons on Monday, 10 December 2012.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
555 c114 
Session
2012-13
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2023-11-26 10:42:20 +0000
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