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Richmond upon Thames Liberal Democrats:Covering the constituencies of Twickenham and Richmond Park |
Beith quizzes Cameron at PMQs
May 22, 2011 10:44 AM
• [May 18] Alan Beith (Berwick-upon-Tweed, Liberal Democrat): Since it is the people of this country who have paid the enormous bills for bank failures, should not they get some reward for their sacrifice by being given shares when the banks are eventually denationalised? Will the Prime Minister look at the imaginative scheme put forward by my hon. Friend Stephen Williams, which is now backed by The Sun newspaper, to do that?
David Cameron (Prime Minister; Witney, Conservative): I will certainly look at all the possible ways of putting the nationalised banks back into the private sector. I personally strongly support the idea of widening share ownership, so we will look carefully at the scheme that the right hon. Gentleman suggests. We also have to make sure that we secure value for money for the taxpayer as we try to fill in the great deep pit of debt that we were left by Labour.
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