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PMQs: Multimillionaires in a hot museum

Cameron and Miliband clash on banking

By Jay Elwes  

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A hot day in the house today—and so the subject turned to the banks. Ed Miliband rose from his seat to ask the Prime Minister whether he supported the Parliamentary Commission on Banking’s suggestions on bonuses and criminal penalties. The Prime Minister replied: “I say yes.”

For Miliband, however, this response reeked of evasion. When it came to criminal penalties, would the government put down amendments to the banking bill, based on the…

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