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Banking in Scotland

I congratulate the hon. Gentleman on his new role as shadow Minister. Does he agree that some of the rhetoric used, such as ““holding the banks' feet to the fire””, has created an awful situation for many of those working on the front line in the banks, who receive abuse or suffer the emotional difficulties that some Members have described today? We need to move away from that rhetoric and towards the understanding that only a small group of people were involved. The main reason for the banks' difficulties was the lack of regulation in the past 10 years or so. The banks became such complex organisations that they almost lost control over what they were doing. Unfortunately, it is those now on the front line who are taking abuse for what was done by those who have now moved on to other highly paid roles.