Financial Markets

My Lords, my noble friend has identified two important areas. Given the resources that the Government are putting into specific banks, they do have a view on dividend payments. We are concerned that the resources should be used to the benefit of the economy rather than to shareholders who have sustained the institutions in the past. On pensions, my noble friend is right that, among the great anxieties arising from the catastrophic drop in share prices and values, the impact on pensions is significant and needs to be addressed.