Bank inquiry failings

If we know one thing about statutory inquiries in this country, it is that they do not go according to plan.

Invariably there are over-runs in time and cost and the “unexpected” legal challenge is now a time-honoured trait.

So the decision to delay the banking inquiry to the fourth year of a five-year government term, when it was a central plank of the programme for government at the outset, is questionable to say the least.