John Glen
Main Page: John Glen (Conservative - Salisbury)Department Debates - View all John Glen's debates with the Leader of the House
(10 years, 4 months ago)
Commons ChamberOne might imagine on hearing the hon. Gentleman that foundation trust status had been introduced by this Government when, of course, it was introduced by the previous Labour Government. It certainly gives freedoms but, as it happens, it does not give a trust any greater freedom to sell property than it would have as an NHS trust. I am quite sure that the hon. Gentleman’s description of the purposes of acquiring foundation trust status does not match up with what Imperial College Healthcare itself believes. Many other trusts, including Cambridge University Hospitals NHS Foundation Trust in my constituency, have used their freedoms to enable them to invest in additional capital, including new buildings, to improve the quality of the service they provide for patients.
Roslyn Earle has been forced out of her flooded home because her insurance was placed with an Icelandic company that had its licence withdrawn at the point at which she made the claim. May we have a statement from the relevant Minister about how the Government will address such issues and ensure that my constituent can get the payout she thought she had paid for and she clearly deserves?
My hon. Friend rightly raises his constituent’s concerns and I am sure that people share them, but individual cases are not matters that Ministers can engage with directly. We have created a proper framework through the Prudential Regulation Authority for the regulation of institutions that accept deposits or effect insurance contracts. The PRA is fully operationally independent in carrying out those statutory responsibilities, so, if I may, I will ask it to write to my hon. Friend on this matter.