---

Financial Services Bill

This is of course called the Council for Financial Stability. It is a very central matter; it is concerned with co-ordinating the preservation and stability of our financial markets, so it is not like the sort of executive board the Minister describes; it is central to our financial affairs. Therefore when it becomes known that it has met out of sequence, people are bound to ask what it is meeting about; what is the instability threatened about which co-ordination is required? People will inevitably draw the worst conclusions, as that is human nature.