The right hon. Gentleman may recall a meeting we had with senior bankers in which they said that, although they were reluctant about bank
account number portability, if it is going to happen let us make sure that we will be the first country in the world to do it and not wait until somebody else does it. That would give us first-mover advantage and it could provide a huge business opportunity for UK plc. What does the right hon. Gentleman think of that idea?