Compensation (London Capital & Finance plc and Fraud Compensation Fund) Bill

The Minister will understand that part of the reason why we are here today is because of Dame Eli...

Yes, I believe that is the case. The Treasury and the FCA are working together. The FCA is under ...

Will the Minister give way on that point?

For the last time, and very briefly.

Powers are one thing, willingness is another. The FCA has shown a remarkable reluctance to hold p...

Clearly, it is not possible to comment on specific future events, but Ministers are liable for th...

Will the Minister give way?

I will not give way any more. I apologise, but we are trying to do this whole debate in 58 minute...

I am grateful to the Minister. As he said, the Bill does two things: it enables a Government comp...

Talking about the cost to the taxpayer, I wonder if my right hon. Friend continues to be shocked ...

Order.

I am grateful to my hon. Friend, and I do think it ill behoves any Member, given the scale of the...

Will the right hon. Gentleman give way?

I will give way once more.

I would like to ask the right hon. Gentleman’s view about a couple in my Kirkcaldy and Cowdenbeat...

Many investors did invest because they thought that these mini-bonds were authorised by the FCA, ...

We now go to the Chair of the Treasury Committee, who has four minutes.

6.24 pm

This is a very important Bill. It seeks to compensate for some significant wrongs. As part of our...

We now go to the SNP spokesperson, Peter Grant, who I am sure will be acutely aware of the very l...

I am pleased to be able to speak in this short debate and to confirm that the SNP will not oppose...

I thank the Minister and the Economic Secretary to the Treasury for bringing this Bill to the Hou...

The Bill will bring relief to thousands of investors who were let down not just by a failed compa...

I welcome the Bill. Those of my constituents who have been affected by the collapse of LCF will w...

My constituents were not professional financial investors; most were senior citizens relying on t...

I rise to support the Bill, but to suggest that there are wider issues to be considered from the ...

I, too, welcome the Bill and very much look forward to its moving forward. Having read the backgr...

It is a great honour to speak in this debate and to have worked with the pensions Minister—the Un...

It is encouraging to hear the Minister’s confidence in the transformation programme. Given the co...

I thank the hon. Gentleman, as ever, for his representations. He has been a determined campaigner...

I will now suspend the House for two minutes to make the necessary arrangements for the next busi...