Question to the HM Treasury:
To ask His Majesty's Government, further to the Written Answer by Lord Livermore on 18 June (HL8163), what steps they are taking to ensure that Mastercard provides details of the compensation scheme in an effective and timely way.
In May, the Competition Appeal Tribunal approved a settlement which would allow consumers to claim compensation in relation to historical card fees. This is a settlement between those claimants that brought the case and Mastercard, in which government is not involved.