Business of the House

Although I completely understand the concerns of the hon. Lady and those of her constituents who have accounts at the bank about the loss of this historic institution, the most important thing is that their savings are protected and that a banking service that is accessible to them remains in being. We have seen over the years a number of mergers of different banks and building societies. We have also seen a shift towards many, many more customers making use of online banking. Those factors are going to drive change, but having the service available is the key thing that we need to make sure is preserved.