Banking (Special Provisions) Bill

My Lords, the Minister says that this bank may not expand its business, yet it has 20 per cent of the mortgage market. Having done that, it has found itself bankrupt. Now, the constraint in going to Europe is that that is post-event. What worries the rest of the banking sector and the building society movement is that this bank will continue to trade as it does today: with the highest ISA rate of interest and the highest deposit banking rate in the market, thereby pinching business away from the open market with government funds—the taxpayers’ funds.