Downing Street Says

Asked if the Prime Minister was embarrassed by the fact that two of the big decision that had been announced yesterday on Royal Mail and on nationalisation were made by unelected Cabinet Ministers who could only be scrutinised properly in the Lords, the PMS said that the Prime Minister was not embarrassed; there was a statement in the House of Commons by Transport Minister Sadiq Khan, who also attended Cabinet when transport was on the agenda, so there had been a chance for the House of Commons to scrutinise the National Express announcement. We had a Government of all the talents, which enabled us to bring in people with expertise and experience into the Cabinet; that strengthened the Cabinet.

Asked if MPs would be given the chance to question a Business Minister in the House of Commons, the PMS said that there would be plenty of opportunities for MPs to cross-examine the Business Minister Pat McFadden, who also attended Cabinet.

Asked about the situation in Iran, the PMS said that the Foreign Office had put out a statement last night, which confirmed that of the four Embassy staff who had previously been in detention, two had been released over the last two days. We were also seeking confirmation following Iranian reports that a further member of staff was released yesterday. It remained our top priority to get all British Embassy staff released as soon as possible.

Put that the German Finance Minister had said that there was reluctance from Britain to regulate the banking industry, the PMS said that we were determined, as were all members of the G20 including Germany, to implement the G20 conclusions and that was what we were doing in relation to financial services. We would be publishing our proposals to reform regulation of the financial services soon. Germany had done this with its announcement of a third fiscal stimulus in recent days and we were sure that all other countries would also push ahead with implementation of the G20 conclusions.

Asked if we were on the same page as Germany, the PMS said that there had been very constructive discussions at the European Council on these matters recently.

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» Thursday, July 2, 2009

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