The Government is already the majority shareholder in one of the big four banks, RBS. And it has what amounts to a controlling stake in another, Lloyds. Each of these has offices all over the UK; each of them the staff and the resources to do whatever the Government tells them to do. So why go to the trouble of setting up a new bank from scratch, which is what the blessed Vince wants to do? Think staff recruitment, think offices, think computer systems, think loan procedures. Crazy, isn't it?