REFORM OF BANKING

Early day motion 1737, tabled 26 April 2011 by Stephen Williams (Liberal Democrat). Signed by 19 members.

That this House welcomes the interim report of the Independent Commission on Banking (ICB); notes the public's desire not to return the British banking system to business as usual; hopes that the Government will acknowledge the need to separate investment and retail banking and look seriously at the idea of a firewall between the two, as proposed by the ICB; further notes that, according to a recent YouGov poll, the majority of the public support the proposal for a public distribution of shares in the Government-owned Lloyds Banking Group and RBS; and calls on the Government to look at this popular idea.

Signatures by party: Liberal Democrat 14, Labour 3, Green 1, Plaid Cymru 1.