Tomlinson Report

Sajid Javid Excerpts

Thursday 19th December 2013 Ministerial Corrections

[Sajid Javid]

I agree with the gist of the hon. Lady’s comments, but I am not sure what she means by foot dragging. The report was published on 22 October. On 23 October, it was given to the FCA, and, within days, the FCA announced that it would investigate, so it would be wrong to accuse the FCA or anyone else of foot dragging, but she is right to suggest that we must stay on top of this and make sure it is handled in a timely way.

[Official Report, 17 December 2013, Vol. 572, c. 166WH.]

Letter of correction from Sajid Javid:

An error has been identified in the response provided during the Westminster Hall debate on the Tomlinson report.

The correct response should have been:

[Sajid Javid]

I agree with the gist of the hon. Lady’s comments, but I am not sure what she means by foot dragging. The report was submitted to BIS on 22 October. On 23 October, it was given to the FCA, and, within days, the FCA announced that it would investigate, so it would be wrong to accuse the FCA or anyone else of foot dragging, but she is right to suggest that we must stay on top of this and make sure it is handled in a timely way.