Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many businesses were instructed by the Financial Services Ombudsman to award consumers the maximum compensation of £150,000 in (a) 2012, (b) 2013 and (c) 2014.
The issues raised are a matter for the Financial Ombudsman Service (FOS) who are operationally independent from Government.
These questions have been passed on to the FOS. The FOS will reply directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.