Clydesdale Bank and SMEs Debate

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Department: HM Treasury

Clydesdale Bank and SMEs

Stewart Hosie Excerpts
Tuesday 19th March 2019

(5 years, 1 month ago)

Commons Chamber
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Stewart Hosie Portrait Stewart Hosie (Dundee East) (SNP)
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Given the personal cost of this—destroyed businesses, personal bankruptcy, mental health pressures, suicide and now a hunger strike—many of these people will not have the ability or the stomach for a historical review. Moving forward, may I tell the Minister that there is little confidence, including from the Treasury Committee, that the FOS has the ability, capacity or expertise to do the work it has been asked to do? I hope the Minister will listen—I am sure he will—to those in all parts of this House who are saying there is now an unanswerable argument for an independent financial services tribunal.

John Glen Portrait John Glen
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I thank the hon. Gentleman for his question, and I have responded to I think nine debates in this Chamber and in Westminster Hall on this matter. I am very aware of the pitch and the breadth of concern that exists on this matter and the urgency in getting some outcomes that actually deliver for our constituents, and I will continue to work towards that aim.