Skip to main content

Business question from Madeleine Moon (Labour) in the House of Commons on Thursday, 1 March 2012. It occurred during Business statement on Business of the House.


Business of the House

May we have a debate on the Kafkaesque policies of Lloyds banks? When my constituent Mark Williams was unemployed three years ago, he set up a new business, Pins 'n Cool Things. He was suddenly notified by Lloyds that it was closing his bank account. It will not tell him why and he can have no explanation. His business has ground to a halt. There is no way he can find out what he is allegedly guilty of, which is surely against the nature of British justice. May we have a debate on why banks have the power to destroy companies by refusing to tell them why they close bank accounts?


Secondary information

Type
Proceeding contribution
Reference
541 c446-7 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Bank services Business Lloyds Bank
Link
View this Proceeding contribution on www.publications.parliament.uk