Business of the House

Drew Hendry Excerpts
Thursday 22nd September 2022

(1 year, 7 months ago)

Commons Chamber
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Penny Mordaunt Portrait Penny Mordaunt
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This Government have done a huge amount, not just to support existing rail but to build new schemes and help our towns and cities to connect in ways that they have not before. I would urge the hon. Lady to raise this at the next Transport questions, on 13 October.

Drew Hendry Portrait Drew Hendry (Inverness, Nairn, Badenoch and Strathspey) (SNP)
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Several of my constituents have contacted me to complain that the Financial Conduct Authority has failed to protect them from false investment scams, including so-called mini-bonds, despite flags being raised. The FCA has accredited and listed companies despite their directors not being real people. The FCA rules are clearly unfit for purpose. Can we have a debate in Government time on how to reform the rules and provide genuine protection for those who have been targeted?

Penny Mordaunt Portrait Penny Mordaunt
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The hon. Gentleman raises an important issue that I am sure will be of concern to many Members in this House. I would urge him to raise this at the next Treasury questions, on 11 October, and I shall certainly make sure that the Treasury has heard what he has said today.