Scottish Affairs Committee Debate

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Stephen Kerr

Main Page: Stephen Kerr (Conservative - Stirling)

Scottish Affairs Committee

Stephen Kerr Excerpts
Thursday 7th June 2018

(5 years, 10 months ago)

Commons Chamber
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Stephen Kerr Portrait Stephen Kerr (Stirling) (Con)
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I welcome unreservedly the hon. Gentleman’s Committee’s report. I am pleased to tell the House that earlier today RBS announced its decision, after much discussion, that the Bannockburn branch will now remain open at least until the end of the year. That is something, at least. He has rightly pointed out that there is no financial gain for the Royal Bank of Scotland in closing any of these branches, so does he agree that the Lending Standards Board should immediately publish all its workings in relation to the closure of these RBS branches?

Pete Wishart Portrait Pete Wishart
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I am grateful to the hon. Gentleman for his remarks, and I am pleased and satisfied to hear that his Bannockburn branch will be among the 10 that will remain open at least until the end of the year. He is absolutely right to say that there are major issues with the Lending Standards Board when it comes to the consultation, and we were less than satisfied with its explanation why it could not give us any of the information on the closures that had been supplied to it by RBS. There was a full discussion about those issues, and even at this stage, we will try further to secure that information for the hon. Gentleman.