Page last updated at 18:33 GMT, Wednesday, 13 January 2010

Scottish Affairs Committee

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The Scottish Secretary Jim Murphy has clashed with the SNP during an evidence session with the Scottish Affairs Committee on the Calman Commission on 13 January 2010.

SNP MP Pete Wishart accused Mr Murphy of being "obsessed with attacking the Scottish government at every opportunity", a claim denied by the Scottish Secretary.

Mr Murphy used the committee session to maintain that he believed that the Barnett formula was the fairest system of funding for Scotland.

The committee were taking evidence on the government's response to the Calman Commission to investigate how devolution could be developed.

It made a number of recommendations, including devolving powers on airgun legislation, drink-driving powers and the running of Scottish elections.

Earlier in the session, the committee took evidence on the current state of the banking sector in Scotland from the City Minister Lord Myners.

Scotland was particularly badly hit by the financial crisis, with the UK government having a majority stake in the Royal Bank of Scotland (RBS), and HBOS being forcibly merged with the Lloyds Banking Group.

Clydesdale Bank remains the only Scottish-based bank totally in private hands.

Lord Myners told the committee that he was convinced that Scottish banks would regain their standing as much admired successful organisations.

He said that other aspects of the financial services industry in Scotland such as asset management and insurance were still well performing.

Scottish affairs committee membership

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