Business of the House

Ian C. Lucas Excerpts

Thursday 11th October 2018 Commons Chamber

[Andrea Leadsom]

I am sorry to hear about that, and I am grateful to my hon. Friend for raising the matter in the Chamber. I obviously cannot comment on the specifics, but the Financial Ombudsman Service should provide proportionate and prompt resolution of any such case. It is vital that insurers treat customers fairly, and every firm is required to do so under Financial Conduct Authority rules, so he may like to take up this specific case directly with the FCA on his constituent’s behalf.

[Ian C. Lucas (Wrexham) (Lab)]

May we have an urgent debate on predatory business takeovers? Until yesterday, constituents of mine had been taking forward a business called DTCC—originally called Avox—for 10 years, but a company called Refinitiv has taken over the business, immediately making 300 people redundant and offshoring the jobs to India. May we have an urgent discussion about appalling business practices that put people on the scrapheap when they have worked so hard for so many years?

[Andrea Leadsom]

I am sorry to hear about the company in the hon. Gentleman’s constituency. The situation is worrying, and I encourage him to take the matter up directly with Ministers from the Department for Business, Energy and Industrial Strategy at BEIS questions next Tuesday to hear what more they can do to help support those who have been told that they are losing their jobs.