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Enforcement Of Bank Of England Act 1694

EDM number 1297 in 2008-09, proposed by Austin Mitchell on 20/04/2009.
Categorised under the topic of Financial institutions.

That this House, observing that the intention of the founding Act of the Bank of England in 1694 was `that their Majesties' subjects may not be oppressed by the said corporation', notes that those subjects have been seriously oppressed by the Bank's failure to control the greed, risk-taking and speculation of the banking system over which it presides; and therefore suggests that this oppression should be dealt with as the Act provides by fines three times the value of the abusive trading.

This motion has been signed by a total of 13 MPs.

MPDateConstituencyPartyType
Austin Mitchell20/04/2009Great GrimsbyLabourProposed
David Taylor21/04/2009North West LeicestershireLabourSeconded
Ann Cryer21/04/2009KeighleyLabourSeconded
Harry Cohen21/04/2009Leyton and WansteadLabourSeconded
John McDonnell22/04/2009Hayes and HarlingtonLabourSeconded
Eric Illsley22/04/2009Barnsley CentralLabourSeconded
Kelvin Hopkins23/04/2009Luton NorthLabourSigned
Jeremy Corbyn23/04/2009Islington NorthLabourSigned
Dai Davies23/04/2009Blaenau GwentIndependentSigned
David Drew24/04/2009StroudLabourSigned
Linda Riordan29/04/2009HalifaxLabourSigned
Alan Simpson06/05/2009Nottingham SouthLabourSigned
Elfyn Llwyd23/06/2009Meirionnydd Nant ConwyPlaid CymruSigned

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