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Banking Bill

I thank the Minister. That just leaves Amendments 113 and 114, which relate to whether or not there should be some kind of independent mechanism to substitute for the Treasury’s judgment. When I hear Ministers saying, ““Of course, there’s judicial review””, I always hear the sound of barrels scraping. No good justification can be put forward, so we fall back on the claim, ““We have good old judicial review, which everyone knows is the most accessible and flexible of remedies available””. That will not wash. I will consider what to do about Amendments 113 and 114 when I have had the chance to consider the other issues that the Minister is going to look at between now and Report. I feel that these clauses are weighted against what the Minister described as part of a failed organisation. Yes, that may be true, but these may be viable businesses that are part of a failed organisation; that is, they may have an ongoing life on their own, unrelated to the failed bank. We need to reflect a balance here—that is the purpose of my amendment—and not simply treat the residue as something that can be pushed around, shoved and told what to do.