carpenter, thank you, mr. hull. we appreciate you being here today. i would like to call the next panel. spent thank you. >> thank you for coming. >> mr. whalen, senior vice president and managing director of institutional risk analytics and mr. ward is an analyst with, so life? soleil-ward transportation research. thank you both for being here today. i asked you for your opening remarks, and as i have with earlier witnesses, please hold into five minutes. will put your entire written statement in the record. mr. whalen, how about we start with you? >> thank you, madam chairman, members of the panel. i am going to take advantage of the fact that i get to go last and make some observations on what i've heard this morning since you have my written comments. first, we have the fascinating dichotomy of on the one hand, a captive financing vehicle. and on the other hand a bank holding company. i worked at the federal reserve bank in new york and the banks supervision area. and i very firmly with the criteria for approval under section 12 for bank holding co

mr. graham stuart. >> health funding is skewed to younger, urban, labour-voting areas, rather than towards older, rural areas such as my constituency. that is why hull receives more than 1,800 pounds per head while the east riding receives just 1,200 pounds per head. the prime minister knows that age, not deprivation, is the key driver of health need, so why does he put the electoral interests of the labour party ahead of the needs of the sick? >> i have to say to him that the evidence is that in his region there are 12 new hospitals and 37,000 more nhs staff. we have doubled expenditure on the national health service so that everyone in our country will benefit and we are giving personal guarantees to every citizen of this country that they will receive cancer treatment within two weeks, that they will be in a position to