I would be very interested to know what subjects any bloggers who read this would think the most important. Six months is a short time for a Government. What would you do if you were now a Minister in the Labour  Government?

After the financial crisis of the last year, the European Union Commission clearly feels that it should have a say in the Regulation of banks in the 27 countries that are now members of the European Union. They would aim to supervise the limits and terms on which these banks lend their customers money.

I have always been a strong supporter of our membership of the EU. Without it we would, in international affairs, become like a dog that barks but has no teeth.

But I am worried by the EU Commission’s apparent belief that they have the knowledge and experience to stave off further financial crises. I doubt that this is so. Certainly, any measures they take must fit in with initiatives being taken globally, and particularly in the USA and China.

I would like to hear the views of others on this important but difficult subject. It is not a problem that will go away quickly.

Tim Renton