Oral Answers to Questions

Jonathan Reynolds Excerpts
Wednesday 10th November 2010

(14 years ago)

Commons Chamber
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Lord Swire Portrait Mr Swire
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Thank you, Mr Speaker.

The hon. Gentleman raised this matter during the passage of the Bill. It is true that coterminosity between the parliamentary and Assembly seats has worked well, and the amended rules can continue to provide for the Electoral Commission to take that into account. I should say to him that as he knows, the size of the Assembly is up to the Assembly, not to Parliament or to this House through the Bill.

Jonathan Reynolds Portrait Jonathan Reynolds (Stalybridge and Hyde) (Lab/Co-op)
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8. When the Government plan to disburse their proposed financial assistance to savers with the Presbyterian Mutual Society.

Lord Swire Portrait The Minister of State, Northern Ireland Office (Mr Hugo Swire)
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In the spending review announcement, my right hon. Friend the Chancellor of the Exchequer announced that the Government would meet in full a £175 million loan and £25 million in cash to fund the Northern Ireland Executive’s proposal to resolve the PMS crisis.

Jonathan Reynolds Portrait Jonathan Reynolds
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I thank the Minister for that response, but given that the Government’s proposals are a carbon copy of what my right hon. Friend the former Prime Minister announced, why did the Secretary of State delay the announcement by six months, causing unnecessary suffering and misunderstanding for the people who had lost money in the PMS?

Lord Swire Portrait Mr Swire
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There is a fundamental difference between what the previous Government did and what the current Government have done about the problems connected with the PMS: we have actually done something. We have responded to the request from the Executive in full. We stand by the Prime Minister’s commitment, and we are very pleased that we were able to act so swiftly—unlike some others.