Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, with reference to the contribution by the Exchequer Secretary, of 4 December 2014, Official Report, column 518, on the FCA redress scheme, if he will investigate the case of the Flanagan Group in Liverpool, Walton constituency.

The Financial Conduct Authority is best placed to consider individual cases. As such, I have recently written to the FCA requesting that the cases raised in the debate on 4 December are considered as part of the wider lessons learnt exercise that the FCA will be undertaking shortly.