Clydesdale Bank and SMEs

Debate between John Glen and Christian Matheson

Tuesday 19th March 2019 Commons Chamber

[John Glen]

The hon. and learned Lady makes a reasonable point. It would be perverse to shred relevant materials in the context of a provision that they have entered into freely, showing a lot of good will, to try to find resolution and get to a better point of trust between the public and themselves.

[Christian Matheson (City of Chester) (Lab)]

This is not just about one case. The description that the hon. Member for Thirsk and Malton (Kevin Hollinrake) gave of the sale of tailored business loans is identical to the case of my constituent. Furthermore, that constituent has clear, documented and contemporaneous evidence of deliberate false representation by the bank to the Treasury Committee, the Financial Ombudsman Service and the FCA. I venture to say to the Minister, for whom I have a lot of respect, that this is widespread across the banking sector. We have seen the activities of the Royal Bank of Scotland Global Restructuring Group in attacking SMEs. Much as I support the idea of a tribunal, surely now is the time to go further and have a full public inquiry into the character of banking.

[John Glen]

I thank the hon. Gentleman for his comments. The key issue for many of these people, who have been waiting for a very long time—sometimes up to 10 or 11 years and longer—is to make sure they can get access to a mechanism that interrogates the evidence and deals with it swiftly. I was not indicating to my hon. Friend the Member for Thirsk and Malton (Kevin Hollinrake) that we should not say there are not parallels or themes, but I just feel that we have to look at the evidence on a case-by-case basis. I am certain that there is good will in the dispute resolution mechanism to interrogate thoroughly past cases that are unresolved.

EU Customs Union and Draft Withdrawal Agreement: Cost

Debate between John Glen and Christian Matheson

Monday 22nd October 2018 Commons Chamber

[John Glen]

The hon. Gentleman makes a very sensible point about the urgency of securing a deal across lots of areas of our country, including the health service, and that is what the Government are engaged in seeking to resolve.

[Christian Matheson (City of Chester) (Lab)]

The truth is that this is typical crackpottery by the Brexit extremists on the Conservative Benches, who seem to be running the show over there at the moment. Will the Minister tell us what the effect will be on the aerospace sector and on Airbus next to my constituency of leaving and being outside the customs union, as opposed to remaining in and protecting those jobs?

[John Glen]

It is in the interests of aerospace and defence industries across the country for the Government to come to the right long-term solution that secures jobs and certainty about their operating environment in the UK and for trading abroad.