Allegations that banks put hidden credit lines in business loans, leading to business failures, will be debated in Westminster Hall on 14 April 2026.

Allegations that banks put hidden credit lines in business loans, leading to business failures, will be debated in Westminster Hall on 14 April 2026.

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of reviewing the confidentiality agreements relating to RBS Global Restructuring Group.

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of reviewing the confidentiality agreements relating to RBS Global Restructuring Group.

Letter dated 15/07/2019 from Lord Young of Cookham to Baroness Bowles regarding issues raised during the debate on the 'Report on the Financial Conduct Authority's further investigative steps in relation to RBS GRG': commercial lending for small businesses, and differences in regulatory treatment of mortgages and charges taken on residential property as security. 2p.

Letter dated 15/07/2019 from Lord Young of Cookham to Baroness Bowles regarding issues raised during the debate on the 'Report on the Financial Conduct Authority's further investigative steps in relation to RBS GRG': commercial lending for small businesses, and differences in regulatory treatment of mortgages and charges taken on residential...

My Lords, global restructuring group was a unit within RBS into which struggling companies were pushed, with little option, when instant repayment demands were threatened. Newspapers have been filled over the last few years with findings about its unfair treatment of SMEs—92% unfairly treated and material damage to 25% are...

My Lords, global restructuring group was a unit within RBS into which struggling companies were pushed, with little option, when instant repayment demands were threatened. Newspapers have been filled over the last few years with findings about its unfair treatment of SMEs—92% unfairly treated and material damage to 25% are...

My Lords, we are indebted—the appropriate word in this case—to the noble Baroness, Lady Bowles, for securing time for this short debate and for her forensic speech introducing it. I begin by drawing your Lordships’ attention to my entry in the register of interests, in particular as a director of...

My Lords, we are indebted—the appropriate word in this case—to the noble Baroness, Lady Bowles, for securing time for this short debate and for her forensic speech introducing it. I begin by drawing your Lordships’ attention to my entry in the register of interests, in particular as a director of...

My Lords, RBS’s inappropriate handling of its SME customers predates the period examined by Promontory and goes back to at least 2005. We know this because there have been whistleblowers, key among them Mark Wright, who gives me permission to use his name in this debate and who alerted senior...

My Lords, RBS’s inappropriate handling of its SME customers predates the period examined by Promontory and goes back to at least 2005. We know this because there have been whistleblowers, key among them Mark Wright, who gives me permission to use his name in this debate and who alerted senior...

My Lords, I too congratulate the noble Baroness, Lady Bowles, on securing this debate and on the forensic quality of her speech. We needed to add very little once she had completed the charge sheet, but nevertheless other noble Lords have contributed to the testimony of just what a scandal...

My Lords, I too congratulate the noble Baroness, Lady Bowles, on securing this debate and on the forensic quality of her speech. We needed to add very little once she had completed the charge sheet, but nevertheless other noble Lords have contributed to the testimony of just what a scandal...

My Lords, I commend the noble Baroness, Lady Bowles, on her choice of subject and the speech she made in introducing it. As the noble Viscount, Lord Chandos, and the noble Lord, Lord Davies, said, it was forensic, well-informed and critically focused.

The Government want a strong, diverse and dynamic economy...

My Lords, I commend the noble Baroness, Lady Bowles, on her choice of subject and the speech she made in introducing it. As the noble Viscount, Lord Chandos, and the noble Lord, Lord Davies, said, it was forensic, well-informed and critically focused.

The Government want a strong, diverse and dynamic economy...

Lords question for short debate on what assessment they have made of the Report on the Financial Conduct Authority's further investigative steps in relation to RBS GRG, published on 13 June; and what plans they have to mitigate any future mistreatment of small and medium-sized enterprises.

Lords question for short debate on what assessment they have made of the Report on the Financial Conduct Authority's further investigative steps in relation to RBS GRG, published on 13 June; and what plans they have to mitigate any future mistreatment of small and medium-sized enterprises.

My Lords, the report we are considering has already attracted a lot of comment—all of it unfavourable. The chair of the TSC said:

“This long overdue report will offer no solace to those who suffered from the disgraceful actions of RBS’s GRG”.

Kevin Hollinrake, co-chair of the APPG on Fair Business Banking,...

My Lords, the report we are considering has already attracted a lot of comment—all of it unfavourable. The chair of the TSC said:

“This long overdue report will offer no solace to those who suffered from the disgraceful actions of RBS’s GRG”.

Kevin Hollinrake, co-chair of the APPG on Fair Business Banking,...

My Lords I shall reiterate some things that have already been said in the excellent preceding speeches. In November 2013, Lawrence Tomlinson delivered his report on the practices of the global restructuring group at the Royal Bank of Scotland. The bank had been rescued from insolvency by the Government and...

My Lords I shall reiterate some things that have already been said in the excellent preceding speeches. In November 2013, Lawrence Tomlinson delivered his report on the practices of the global restructuring group at the Royal Bank of Scotland. The bank had been rescued from insolvency by the Government and...

This House of Lords Library Briefing Pack contains a selection of material relevant for the forthcoming question for short debate on what assessment Her Majesty's Government have made of the 'Report on the Financial Conduct Authority’s Further Investigative Steps in Relation to RBS GRG', published on 13 June; and what plans they have to mitigate against any future mistreatment of small and medium-sized enterprises.

This House of Lords Library Briefing Pack contains a selection of material relevant for the forthcoming question for short debate on what assessment Her Majesty's Government have made of the 'Report on the Financial Conduct Authority’s Further Investigative Steps in Relation to RBS GRG', published on 13 June; and what...

Thank you for chairing the debate, Mr Robertson. [Interruption.] I can hear the crowds outside protesting at the thought that I will be back in six months’ time to make the same speech—I hope that I will not be.

I thank the many members of the public who are watching from...

Thank you for chairing the debate, Mr Robertson. [Interruption.] I can hear the crowds outside protesting at the thought that I will be back in six months’ time to make the same speech—I hope that I will not be.

I thank the many members of the public who are watching from...

Motion, That this House has considered the investigation of business banking fraud. Agreed to on question.

Motion, That this House has considered the investigation of business banking fraud. Agreed to on question.

It is a pleasure to serve under your chairmanship, Mr Robertson. I congratulate the hon. Member for Hazel Grove (Mr Wragg) on securing this debate. I have to say, however, that this is the fifth debate I have taken part in on this matter in my two and half years...

It is a pleasure to serve under your chairmanship, Mr Robertson. I congratulate the hon. Member for Hazel Grove (Mr Wragg) on securing this debate. I have to say, however, that this is the fifth debate I have taken part in on this matter in my two and half years...

I beg to move,

That this House has considered the investigation of business banking fraud.

It is a pleasure to serve under your chairmanship, Mr Robertson. We have had many debates in both Westminster Hall and the Chamber that have focused on the mistreatment of thousands of small and medium-sized enterprises at...

I beg to move,

That this House has considered the investigation of business banking fraud.

It is a pleasure to serve under your chairmanship, Mr Robertson. We have had many debates in both Westminster Hall and the Chamber that have focused on the mistreatment of thousands of small and medium-sized enterprises at...

I thank my hon. Friend for securing the debate. It is sad and disappointing that this is the fourth time he has had to speak on the subject. Does he agree that it is an indictment of the Financial Conduct Authority that proper, independent redress schemes have not been set...

I thank my hon. Friend for securing the debate. It is sad and disappointing that this is the fourth time he has had to speak on the subject. Does he agree that it is an indictment of the Financial Conduct Authority that proper, independent redress schemes have not been set...