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Banking Bill

I am grateful to the noble Lord, Lord Whitty, for bringing forward this amendment. I have a lot of sympathy for both its arms. I have a question for the Government, given that I think these are sensible ideas, particularly in respect of the consumer panel and the small business panel. Would the Government consider suggesting to the Lloyds Banking Group and RBS that they now establish such panels, because the Lloyds Banking Group has a very large share of the market and RBS is a largely nationalised bank? For both banks there are real questions, among their consumers of ordinary retail deposits and their small business consumers, about the way they are behaving or have behaved. This would be a good use of government influence on those two banks, which are already de facto partly nationalised.