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Re:Petition UK government to not ban encryption by tedunangst on Friday August 21, 2015 @10:33AM (#10097702)
Presumably the government asks the bank what you're up to, and the bank tells them. Which is exactly what already happens today.

Do you think the reason you use HTTPS to talk to your bank is to prevent the government from seeing your account balance?

Re:Petition UK government to not ban encryption by LunaSea on Friday August 21, 2015 @10:40AM (#10097761)
It's certainly not the only reason but sure it's one of them. Proof of that is Google forcing TLS encryption of all it's traffic after the NSA scandal.