(3 weeks, 3 days ago)
Commons ChamberWhen the Bank of Scotland branch closes later this year in Pitlochry, the town will desperately need a banking hub. That is why I was disappointed that the independent assessor and Link assessed only access to cash, not access to banking. I challenged Link on that, and it said that that is because of the mandate set for it by the Financial Conduct Authority; so I challenged the FCA on that, and it said that that is because of the regulatory framework in the Financial Services and Markets Act 2023; so I challenged the Treasury on that and asked it to change its regulatory framework and imposition on the FCA. The Treasury said it will not do that. In opposition, Labour tabled an amendment to the Financial Services and Markets Bill that would have mandated a survey of access to banking services, not just access to cash. Can we have a debate in Government time about how we fix this utter guddle?
(4 months ago)
Commons ChamberWe can listen to the braying of Labour MPs from Scotland or we can look at the fact that the Scottish economy grew 12% more than the UK economy in 2024. That is because of the SNP Scottish Government’s forensic focus on making Scotland the most attractive place in the UK for foreign direct investment year after year, having a progressive taxation system, rewarding our public sector workers properly and investing in our communities. What difference does the Minister think agricultural property relief and business property relief will have on the Scottish economy—positive or negative?
(5 months ago)
Commons Chamber