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Banking Bill

The Chancellor referred to the provision of information about what is going on in the banking system, but I can find nowhere in the Bill any statutory requirement to report to Parliament and the House on the conduct of banking, bearing in mind the substantial amounts of public money that are being invested in the schemes the Chancellor is outlining. Will he reflect carefully during the passage of the Bill on whether there should be a requirement for a statutory report about the conduct of our banking system to be laid before the House, perhaps every six months, so that the House can, if necessary, debate it?