16. To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform what steps his Department plans to take to improve consumer protection for customers of banks. (264486)

A stronger regulatory regime for banks and greater protection for consumers is at heart of the Government’s response to the global downturn.

We announced earlier this week a commitment to legislate to restrict unsolicited credit increases and the sending of unsolicited credit card cheques.

In the summer we will publish a White Paper on modernised consumer rights law that will give consumers a fairer deal.