Jim McMahon
Main Page: Jim McMahon (Labour (Co-op) - Oldham West, Chadderton and Royton)Department Debates - View all Jim McMahon's debates with the Leader of the House
(7 years, 3 months ago)
Commons ChamberMy hon. Friend is right to say that so many communities—schoolchildren and many others—rely on bus services. When I was at Tonbridge girls grammar I used to cycle to school, so I can thoroughly recommend cycling. I occasionally used to take the train, but as I always managed to get the wrong one and end up in London instead of Tonbridge, it was not always a success—[Interruption.] Yes, possibly by design. I probably should have stuck with the bus service. My hon. Friend raises an incredibly important point. He will have heard what the Chair of the Backbench Business Committee had to say—it is open for business—and I am sure that would provide a perfect opportunity for my hon. Friend to raise the issue of local bus services.
Thank you for allowing me to raise an important issue, one that might require parliamentary privilege, Mr Speaker. TTX Express in my constituency has been in business for 40 years. It employs 90 people and is Tesco’s haulage company of the year. It has an outstanding complaint with Clydesdale bank, whose chief executive we met in this place, when a commitment was given to review the complaint and to hold a meeting before action was taken to sell the land from which this company trades from under its feet. The bank carried out a thin internal review and then refused to meet in the way it had agreed to.
The business is due to go into administration tomorrow, and I understand that the bank has agreed the sale of the land to a third party. That puts at risk 90 jobs and a long-standing business in my constituency. When it has gone to the Financial Conduct Authority for support, the FCA has concluded that it cannot review the complaint because it is outside its scope. Having seen the evidence, it is my belief that potentially criminal activity has been taking place, so my question is this: will the Leader of the House support my call for the bank to hold off on the sale and the administration? In addition, will she use parliamentary business to look at the support available to businesses with complaints of this type?
The hon. Gentleman was quite fortunate that I was immersed in conversation with the hon. Member for Shipley (Philip Davies); I think he probably owes him a cup of tea.