Oral Answers to Questions

Debate between John Glen and Charlie Elphicke

Tuesday 9th April 2019 Commons Chamber

[Charlie Elphicke (Dover) (Con)]

Does the Chancellor agree that, in view of the failure of London Capital & Finance, of Premier FX, of individual police forces around the country to investigate economic crime, and of the Serious Fraud Office in yet another case, it is time we had a single economic crime police force in this country to deal with things properly?

[The Economic Secretary to the Treasury (John Glen)]

We have a single economic crime board, which was set up in January and chaired by the Chancellor and the Home Secretary, to look at how better collaboration can tackle those challenges more effectively.

EU Customs Union and Draft Withdrawal Agreement: Cost

Debate between John Glen and Charlie Elphicke

Monday 22nd October 2018 Commons Chamber

[John Glen]

My right hon. Friend the Member for Wokingham has spoken for himself. The reality is that, before the Government come back to the House for a meaningful vote, a whole range of data will be supplied to the House in order to make the discussion about that decision meaningful.

[Charlie Elphicke (Dover) (Ind)]

I am sure that my hon. Friend, who is doing an excellent job today, is, like me, an avid reader of the Conservative manifesto, which states that the withdrawal agreement and future relationship will be negotiated side by side. Ninety-five per cent. of the withdrawal agreement has been completed, which is great news. How much of the future relationship agreement has been done?

[John Glen]

At this stage, we are clearly in a delicate negotiation. It is important that the two are taken together, and the Prime Minister will be updating the House on our precise position in that negotiation.

Oral Answers to Questions

Debate between John Glen and Charlie Elphicke

Tuesday 11th September 2018 Commons Chamber

[John Glen]

The primary responsibility for rogue lending lies with the Financial Conduct Authority, and its report at the end of May brought in a number of measures, including a cap on rent to own. I accept that more can be done, and that is why I am working hard with my colleague, the Under-Secretary of State for Work and Pensions, my hon. Friend the Member for Hexham (Guy Opperman), on the financial inclusion forum to look at the expansion of alternative affordable forms of credit for the poorest in our society.

[Charlie Elphicke (Dover) (Ind)]

May I urge the Minister to take firm action against people who exploit the most vulnerable in our society? I refer particularly to loan sharks, payday lenders, rent-to-own outfits such as BrightHouse, rip-off bank overdraft fees and exploitative doorstep lenders. Will he be firm, to ensure that we protect the most vulnerable?

[John Glen]

I am happy to give my hon. Friend that assurance. I have deep conversations on this matter with the Financial Conduct Authority regularly. I also met representatives of Scotcash and the credit unions over the recess to see what alternative supplies of affordable credit are available.