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Banking Bill

My Lords, I support the noble Lords who have spoken in favour of this amendment. One of the problems about the situation we are in now, which the Government’s provisions do not solve, is that there is a whole raft of statements, a whole raft of commitments, and it is very difficult to bring them all together and get a sense of what they are at any one time, and also, how they are growing. The great advantage of this amendment is that it produces a series so you can see from one quarter to the next how the situation is changing. In terms of getting a sense of the overall level of government commitment, it is far superior to the provisions that the Government have placed so far in the Bill.