In 2009-10, the banks were recovering from the worst position they had been in since the 1930s. In many cases, they went under and needed Government support to get out. Does the hon. Gentleman accept that it would therefore have been extraordinary if the banks were not making more profit in 2016-17 than they were in 2009-10, that that is the reason why there is more take from the bank levy than there was in 2009-10, and that it is not simply because the Conservatives have reduced the amount of it?
Finance (No. 2) Bill
Proceeding contribution from
Sandy Martin
(Labour)
in the House of Commons on Monday, 18 December 2017.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance (No. 2) Bill.
Type
Proceeding contribution
Reference
633 c831 
Session
2017-19
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2018-01-09 17:46:49 +0000
URI
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