Professor Philip Lane:

It is open to the banks to disclose that kind of regular update. My guess is that they are holding back until they are more certain about what exactly they are offering to the individuals. Rectification has happened in the vast majority of cases where somebody was on the wrong rate; that needed to be fixed as soon as possible. In the case of roughly 3,000 individuals, redress and compensation has been paid and they have received that. As more of these schemes are close to being triggered, a lot will happen in the months to come. I agree it has been frustrating. The bigger issue is about who is included. In other words-----