On 6 March 2018 I laid a direction before Parliament using the powers conferred by sections 77(1) and (2) and 78(5) and (6) of the Financial Services Act 2012 (“the Act”), to require that the Prudential Regulation Authority (“the PRA”) should undertake an investigation into supervision of the Co-operative Bank...

On 6 March 2018 I laid a direction before Parliament using the powers conferred by sections 77(1) and (2) and 78(5) and (6) of the Financial Services Act 2012 (“the Act”), to require that the Prudential Regulation Authority (“the PRA”) should undertake an investigation into supervision of the Co-operative Bank...

My honourable friend the Economic Secretary to the Treasury (John Glen) has today made the following Written Ministerial Statement.

On 6 March 2018 I laid a direction before Parliament using the powers conferred by sections 77(1) and (2) and 78(5) and (6) of the Financial Services Act 2012 (“the Act”), to...

My honourable friend the Economic Secretary to the Treasury (John Glen) has today made the following Written Ministerial Statement.

On 6 March 2018 I laid a direction before Parliament using the powers conferred by sections 77(1) and (2) and 78(5) and (6) of the Financial Services Act 2012 (“the Act”), to...

To ask Her Majesty's Government what was the composition of those case committees of the Financial Reporting Council that have dealt with the matter of the KPMG audit of Co-op Bank plc.

To ask Her Majesty's Government what was the composition of those case committees of the Financial Reporting Council that have dealt with the matter of the KPMG audit of Co-op Bank plc.

My honourable friend the Economic Secretary to the Treasury (John Glen) has today made the following Written Ministerial Statement.

Following the Financial Conduct Authority’s (FCA) announcement that it has now concluded its enforcement investigations into the Co-op Bank and related individuals, I have today laid a Direction before Parliament requiring the...

My honourable friend the Economic Secretary to the Treasury (John Glen) has today made the following Written Ministerial Statement.

Following the Financial Conduct Authority’s (FCA) announcement that it has now concluded its enforcement investigations into the Co-op Bank and related individuals, I have today laid a Direction before Parliament requiring the...

Following the Financial Conduct Authority’s (FCA) announcement that it has now concluded its enforcement investigations into the Co-op Bank and related individuals, I have today laid a Direction before Parliament requiring the Prudential Regulation Authority (PRA) to carry out an independent review into the prudential supervision of the Co-operative Bank...

Following the Financial Conduct Authority’s (FCA) announcement that it has now concluded its enforcement investigations into the Co-op Bank and related individuals, I have today laid a Direction before Parliament requiring the Prudential Regulation Authority (PRA) to carry out an independent review into the prudential supervision of the Co-operative Bank...

To ask Mr Chancellor of the Exchequer, what (a) discussions he has had with the Cooperative Bank and (b) what representations he has received on its decision to close bank accounts belonging to groups campaigning on matters relating to Israel and Palestine; and if he will make a statement.

To ask Mr Chancellor of the Exchequer, what (a) discussions he has had with the Cooperative Bank and (b) what representations he has received on its decision to close bank accounts belonging to groups campaigning on matters relating to Israel and Palestine; and if he will make a statement.

It is a great pleasure to serve under your chairmanship, Mrs Main.

Following the news of the decision to close the Eccleshall branch of NatWest bank, I called for a meeting with the head spokesman for Royal Bank of Scotland, which owns NatWest. Eccleshall is in my constituency, and I support...

It is a great pleasure to serve under your chairmanship, Mrs Main.

Following the news of the decision to close the Eccleshall branch of NatWest bank, I called for a meeting with the head spokesman for Royal Bank of Scotland, which owns NatWest. Eccleshall is in my constituency, and I support...

It is a great to serve under your chairmanship today, Mrs Main. I congratulate my hon. Friend the Member for Stone (Sir William Cash) on securing this debate and on presenting his case as compellingly as he always does. He has made good points to which I am extremely sympathetic....

It is a great to serve under your chairmanship today, Mrs Main. I congratulate my hon. Friend the Member for Stone (Sir William Cash) on securing this debate and on presenting his case as compellingly as he always does. He has made good points to which I am extremely sympathetic....

Did my hon. Friend hear the interview on this morning’s “Today” programme with the chief executive of Barclays bank, in which he talked about the amount of money he is earning and about bank bonuses, which are also under wider discussion? The chief executive and chairman of the Royal Bank...

Did my hon. Friend hear the interview on this morning’s “Today” programme with the chief executive of Barclays bank, in which he talked about the amount of money he is earning and about bank bonuses, which are also under wider discussion? The chief executive and chairman of the Royal Bank...

I agree to a great extent with my hon. Friend. There is no doubt that banks are keen to restore their damaged reputations and that the big UK banks in particular are determined to show that they are there for their customers. I therefore agree with what he says about...

I agree to a great extent with my hon. Friend. There is no doubt that banks are keen to restore their damaged reputations and that the big UK banks in particular are determined to show that they are there for their customers. I therefore agree with what he says about...

On Government activity, I seem to remember only a few years ago an extensive bail-out for RBS. There are also questions in relation to the Co-op. It seems to me that when banks want help—and by help, I mean monumental bail-outs—it comes from the Government and the taxpayer, yet when...

On Government activity, I seem to remember only a few years ago an extensive bail-out for RBS. There are also questions in relation to the Co-op. It seems to me that when banks want help—and by help, I mean monumental bail-outs—it comes from the Government and the taxpayer, yet when...

I am grateful to my hon. Friend for those further remarks. Again, I completely agree that banks have a long way to go to restore confidence that they mean what they say when they talk about customer service. However, again, he will understand if I do not say that a...

I am grateful to my hon. Friend for those further remarks. Again, I completely agree that banks have a long way to go to restore confidence that they mean what they say when they talk about customer service. However, again, he will understand if I do not say that a...

Agreed to on question

Agreed to on question

To ask Mr Chancellor of the Exchequer, with reference to the Answer of 6 January 2014, Official Report, column 160W on Celtic Football Club, whether the investigation into events at the Co-operative Bank included investigating reports of lower interest rate loans and overdraft facilities being provided to certain customers which...

To ask Mr Chancellor of the Exchequer, with reference to the Answer of 6 January 2014, Official Report, column 160W on Celtic Football Club, whether the investigation into events at the Co-operative Bank included investigating reports of lower interest rate loans and overdraft facilities being provided to certain customers which...