Oral Answers to Questions

Jim McMahon Excerpts
Tuesday 12th December 2017

(7 years ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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I do agree with my hon. Friend. I congratulate the London Taxi Company on having the first electric taxi, manufactured in the west midlands, on the streets of London this very week—again, a big vote of confidence in our world-beating motor industry.

Jim McMahon Portrait Jim McMahon (Oldham West and Royton) (Lab/Co-op)
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Access to finance is critical for small businesses, but the protection in place when things go wrong is non-existent. Do the Government agree, and will they look at extending the role and remit of the Financial Conduct Authority in that regard?

Margot James Portrait Margot James
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I am meeting the chief executive of the FCA before Christmas, and I will be raising the issue of unregulated small business lending, which the hon. Gentleman mentions.