Banking Bill

Are not the Government coming at the dilemma from a position that they have already declared? Their policy on social exclusion led them to put pressure on the banks and building societies to lend to people across the country who were not credit-worthy, and to lend them more than they could afford. The Government have form on this issue. Does the hon. Gentleman agree that they will have to prove to us that they are not going to use their position on the boards of banks to pressurise them into pursuing the folly that has led us to the position that we are in?