Oral Answers to Questions

Kenneth Stevenson Excerpts

Tuesday 4th November 2025 Commons Chamber

[Dan Tomlinson]

We will be introducing permanently lower rates for those businesses in the Budget.

[Kenneth Stevenson (Airdrie and Shotts) (Lab)]

T7.   My constituents in Airdrie and Shotts, along with many others across the country, will be impacted by the decision of Maiden Life Försäkrings to withdraw family protection plan cover. I understand that the Chancellor may be aware of this issue, so will her Department investigate this matter and consider what assistance might be available to those affected?

[The Economic Secretary to the Treasury (Lucy Rigby)]

I am indeed aware of this issue. I know that it affects people in my hon. Friend’s constituency and in plenty of other Members’ constituencies, too. I also know how concerned he and other Members are about it. It is for the Financial Conduct Authority to consider whether it is appropriate to take any further steps, but I have asked my officials to engage with the FCA on how it is approaching this.