Today I will be voting against an eighteen months Judge led enquiry into banks.
We have had a wide ranging enquiry into the industry, its structure and attitudes led by an eminent independent economist and former competition regulator, Sir John Vickers.
We are having a full scale FSA enquiry into wrong doing at various banks.
There are potential Serious Fraud office enquiries into established wrongdoing following FSA investigation.
The banks need fixing now, not in two years time.
The government should know by now what needs doing. It is poised to legislate. A Judge led enquiry would cause delay in fixing the problems.