Banking (Special Provisions) Bill

First, they operate under a proper, statutory regulatory regime. That will not be the case with Northern Rock in these special circumstances. The hon. Gentleman can vote for our amendment tonight. Secondly, with the best will in the world, National Savings is not offering the extraordinary rates that are to be found on the Northern Rock website at the moment, which are better in their class than the savings rates of any other major institution in Britain.