§ Mr. David StewartTo ask the Secretary of State for Trade and Industry if she will make a statement on the timescale for the development of the universal bank; and whether it will be fully operational by 2003. [70845]
§ Mr. Timms[holding answer 18 July 2002]: Detailed work is being carried out on implementing universal banking services for delivery in advance of the migration of benefit payment to automated credit transfer from April 2003.