Financial Services Bill

I do, but one of the problems is that what often happens if there is inadequate consumer protection in the UK and the Government do nothing about it, is that European parliamentarians then try to bring in new rules at European level, and try to deal with the problem by putting it in a single market context. I do not think that the consumer protection aspects are predominantly a European industry. To summarise, there is much in the Bill that is perfectly sensible. However, I would question whether some of it is strictly necessary—and if the Government are to embark on a wholesale review of the current deficiencies in consumer protection in respect of banks, quite a few key items are missing.