Tomlinson Report

That is a fair point about timing. Another of my constituents was told that his bank charges woul...

I applaud the hon. Gentleman’s work in this area, and it is a joy to work with him. I want to men...

That is an issue on which the bank would have to respond, because my view is that clearly it is n...

Given all that, does the hon. Gentleman agree that removing the cash flow that assists in running...

Absolutely. When a business is taken into the GRG in order to help with cash flow, it is difficul...

Everything my hon. Friend is saying is familiar to me. I have been supporting a decent-sized manu...

I appreciate my hon. Friend’s intervention, as it highlights the fact that this is not only an is...

I am grateful to the hon. Gentleman for giving way just as he is concluding his remarks, which ha...

I would be extremely wary of using the word fraud. In my view, there has undoubtedly been systema...

Does the hon. Gentleman agree that we could summarise the matter in this way? Customers have trus...

Undoubtedly. That imbalance is something I have highlighted time and again in relation to the iss...

It is a pleasure to serve under your chairmanship, Sir Roger. I am delighted that the hon. Member...

On interest rate swaps, is my hon. Friend aware that tailored business loans sourced from the Cly...

Absolutely, and I will conclude later by saying that that means we really have to look at the who...

On that point, the bank sold the business of one of my constituents, which was bought by another ...

Indeed. Those responsible are laughing all the way to the bank—ha, ha! The engineering of loan de...

I congratulate the hon. Member for Aberconwy (Guto Bebb). I must be honest: I had not intended to...

Does my hon. Friend agree that private landlords seem to be targeted by the banks? I had a consti...

I can only agree with my hon. Friend. I do not think there is any doubt that certain sectors have...

It is a pleasure to serve under your chairmanship, Sir Roger, as we discuss a subject that is vit...

Does my hon. Friend agree that tailored business loans, which are currently not included in the r...

I think that many important points have been raised during the debate and that is certainly one o...

It is fair to say that the allegations in the report are extremely serious. That is why, in my in...

There is no question about it: we have heard a lot of evidence of that sort. I agree, of course. ...

I will start by welcoming you to the Chair, Sir Roger, and congratulating my hon. Friend the Memb...

The hon. Member for Aberconwy (Guto Bebb) referred a few moments ago to the smell test. I do not ...

I disagree with the hon. Gentleman. The value of the report is that it is entirely independent. I...

Is there a time limit on the investigations being launched by the FCA? Foot dragging is a really ...

First, the FCA has yet to appoint the skilled person. I am not aware of a specific time limit, bu...

Will the Minister give way?

I will in a second. If the findings of the review reveal issues that come within the FCA’s remit,...

I am sorry to press this, but one of the very serious issues is the foot dragging, and the more t...

I agree with the gist of the hon. Lady’s comments, but I am not sure what she means by foot dragg...

In respect of some of the issues that hon. Members may be hearing about, as the Minister is aware...

My understanding is that the FCA’s investigation through the skilled person will examine all alle...

I suspect that the extent to which the Minister has attempted to distance himself and the Governm...

I say again for the record—I hope that I have made it clear to the hon. Gentleman—that this is a ...

The hon. Member for Colchester (Sir Bob Russell) highlighted concerns about the fact that there w...

My hon. Friend raises an important point. I hope that all that will be considered in the independ...