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Enforcement Of Bank Of England Act 1694

EDM number 597 in 2010-12, proposed by Austin Mitchell on 22/07/2010.
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 in the sum of three times the value of the abusive trading.

This motion has been signed by a total of 15 MPs, 1 of these signatures have been withdrawn.

MPDateConstituencyPartyType
Eric Illsley22/07/2010Barnsley CentralLabourWithdrawn
Austin Mitchell22/07/2010Great GrimsbyLabourProposed
John McDonnell22/07/2010Hayes and HarlingtonLabourSeconded
Kelvin Hopkins22/07/2010Luton NorthLabourSeconded
Jeremy Corbyn22/07/2010Islington NorthLabourSeconded
Linda Riordan22/07/2010HalifaxLabourSeconded
Elfyn Llwyd22/07/2010Dwyfor MeirionnyddPlaid CymruSeconded
Jim Dobbin26/07/2010Heywood and MiddletonLabourSigned
Dennis Skinner27/07/2010BolsoverLabourSigned
Jonathan Edwards27/07/2010Carmarthen East and DinefwrPlaid CymruSigned
Caroline Lucas06/09/2010Brighton, PavilionGreenSigned
David Hamilton06/09/2010MidlothianLabourSigned
David Anderson06/09/2010BlaydonLabourSigned
David Crausby14/09/2010Bolton North EastLabourSigned
Katy Clark14/02/2011North Ayrshire and ArranLabourSigned

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