The Prime Minister's spokesman has said that Co-operative Group's decision not to buy more than 600 branches from Lloyds was a matter for the two companies.
But on the wider point of banking reform, he told me:
I think that there are reforms in thefinancial arena that have made the UK financial sector safer and stronger and anumber of measures are benefitting consumers including through choice.
The Co-op reportedly cited regulatory requirements as one of the reasons for the collapse of the deal.
More top news
The families of the woman who fell into the Thames during the Westminster attack and her boyfriend have praised the care they have received.
A 41-year-old man has died after being attacked by his Staffordshire bull terrier.
A garden aimed at comforting people with dementia will form part of the Royal Horticultural Society's (RHS) Tatton Flower Show.