Financial Stability

My right hon. Friend will, I am sure, agree that the British people have an excellent track record of solidarity when it comes to putting up with difficulties in times of great national need, such as now. The British people will accept their share of the burden, especially if the action taken is seen to be both fair and necessary. Will my right hon. Friend therefore confirm that the review of regulation and remuneration in financial institutions being undertaken by Lord Turner will urgently address the need for fairness and transparency, so that in future we can all see that the system is operating properly?