Draft Financial Services Bill (Joint Committee)

That is a very good question. I am looking at the many Liberal Democrats who are here tonight. I see the right hon. and learned Member for North East Fife (Sir Menzies Campbell), the hon. Member for Burnley (Gordon Birtwistle), who has a long track record in business, the hon. Member for St Austell and Newquay (Stephen Gilbert), who is a new Member, and the hon. Member for Portsmouth South (Mr Hancock). All of them have had a distinguished service in the House for various lengths of time, all of them have experienced careers outside the House, and crucially, all of them have constituents who have suffered from the failures of financial regulation in the last Parliament. If the Treasury Bench had genuinely offered any other member of the Liberal Democrat party to be a member of the Committee, I would have been happy.