Bob Russell
Main Page: Bob Russell (Liberal Democrat - Colchester)Department Debates - View all Bob Russell's debates with the Leader of the House
(10 years, 2 months ago)
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Mr Speaker
It has been suggested to me that we have now had the debate. I think that is perhaps a tad unkind, but I am grateful for the advice.
Sir Bob Russell (Colchester) (LD)
May we have a debate on credit rating companies, which can have a negative impact on some businesses because of false commentary? For example, a company called Experian claims that a company in my constituency, Fast Food Supplies (Anglia), is high risk and has a bad credit record. That is not true: the business has been operating successfully for 26 years and is expanding, moving into bigger premises and taking on more employees.
Mr Lansley
My hon. Friend makes an important point. Credit rating is used widely by reputable companies, of which Experian is one. None the less, it needs to be done accurately. I think he and his constituents will find that Experian, as a highly reputable company, is as concerned as anybody to ensure that its credit ratings are accurate, but the House will appreciate that he is representing his constituents’ interests and will continue to do so.