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Equitable Life

I have some clear advice that my hon. Friend might wish to give her constituents. History has shown that this Government have consistently sought to block compensation for policyholders who have lost as a consequence of maladministration, whereas the Conservative party has argued in favour of compensation for policyholders when there has been evidence of maladministration. There is a clear distinction to be drawn—a clear choice to be made, to use the phraseology that the Prime Minister is keen on—between the approaches of this party and the Members on the Treasury Bench. I hope that my comments are sufficiently clear for my hon. Friend to include them in her letter to her constituents tomorrow.