Oral Answers to Questions Debate

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Department: Department for Education

Oral Answers to Questions

Mike Weir Excerpts
Thursday 6th September 2012

(11 years, 8 months ago)

Commons Chamber
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Michael Fallon Portrait Michael Fallon
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I know that my right hon. Friend the Secretary of State has already met my hon. Friend’s constituents to discuss the issue, and I believe that he has already met the founder of the Bank of Dave as well. One of the recommendations of the Independent Commission on Banking was that the Financial Services Authority should look again at the requirements for a banking licence, to see whether they are too onerous and disproportionate for the providers of very small credit. We expect the FSA to publish its recommendations shortly and I would be very happy to discuss them with my hon. Friend.

Mike Weir Portrait Mr Mike Weir (Angus) (SNP)
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Many small businesses in my constituency run a post office as part of their business, and they are very worried about the chipping away of business and, particularly, the threat of losing the DVLA contract. What is the Minister’s Department doing to encourage the DVLA to stick with the Post Office?

Michael Fallon Portrait Michael Fallon
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I cannot comment on any specific contract that may be up for renewal. Of course, the Post Office has to live in a competitive world, but I will certainly look at what the hon. Gentleman has said.