Nick Smith (Blaenau Gwent) (Lab)
On a point of order, Mr Speaker. I have spoken before in the House about my constituent, retired school caretaker Gary Godwin, who is fighting for redress after losing £2,000 of his hard-earned savings to the now defunct funeral plan firm Safe Hands. Gary and 47,000 others look to have been let down by a failed regulatory regime overseen by the Treasury and the Financial Conduct Authority, for a grand total of £60 million between them. After raising the issue in questions to the Leader of the House last July and at Treasury questions last October, I finally managed, at the start of the year, after several attempts, to get a meeting with the Economic Secretary, who said he would raise it with the Chancellor. Having not had a reply for two months, I informed the Economic Secretary that I would raise a point of order today. Within an hour, I received a reply, but there was no mention of discussing the matter with the Chancellor, or of a review of the correspondence, as was originally promised. Will you tell me, Mr Speaker, what more I can do to ensure that Gary and his fellow victims do not have a lengthy wait for justice?
Mr Speaker
I thank the hon. Member for his point of order and for giving me notice of it. I understand that the Chancellor has replied to his letter in the last few minutes—is that correct? In any case, those on the Treasury Bench will have heard what he has had to say. He still has time to table a question for the Chancellor at Treasury questions on 19 March to follow up on this important matter. I am sure that the Table Office will be able to advise him on how to else he might pursue it.