The text of an email that I sent to councillor John Leech regarding a potential upcoming inquiry in to the fixing of Libor. Thanks to the campaign team at 38 Degrees, I have joined many people in encouraging MPs to back a strong, broad and independent enquiry in to the banking industry as a whole.
If you want to write to your own MP, you can do it simply and easily by following this link. Feel free to copy and paste any or all of this text when writing your own email.
https://secure.38degrees.org.uk/banking-inquiry-teeth
"In light of the recent banking scandal(s) and with senior government figures calling for an inquiry in to the fixing of Libor, I am particularly concerned about how close the past and present governments are to the finance industry. The proportion of Conservative party funding to have come from this industry is of as much concern as the naive and fawning attitude displayed to the city by previous government figures (including some of the current shadow cabinet).
An inquiry is a positive step - and a real opportunity to see how deep the rot goes - or whether it is simply down to a few bad apples.
As unpalatable as it may be for the political community to see people potentially dragged through the mud, as some people have been by the Levenson Inquiry, it is of critical importance for the economic and political future of this country to know if the finance sector routinely abuses its position and wields undue influence over any of the political sphere.
To have an enquiry that could make solid recommendations about the issue in question is a positive step - to have a banking enquiry which could make the necessary recommendations to potentially avert another widespread crisis in the banking world like that of 2008 would be a rare and golden opportunity indeed.
I hope that you will do your part in calling for the suggested enquiry to be as independent as possible - both from government and from finance - and for its terms to be sufficiently broad to deal with what may transpire to be widespread manipulation and exploitation of loose regulations and cosy political relationships by what many politicians see as this nation's flagship industry.
Thank you for your time."
