Financial Services Bill

I thank my hon. Friend for giving way again—he is being very generous. All those quotes are absolutely relevant, but surely the most damning quote of all is that from Adrian Coles of the Building Societies Association, who said that the proposal was a "modest measure" and that""Of itself it is not going to prevent the next bubble, it is not going to prevent the next banking crisis"––[Official Report, Financial Services Public Bill Committee, 10 December 2009; c. 71, Q183.]" That really says it all.