Oral Answers to Questions

Kevin Hollinrake Excerpts

Wednesday 22nd May 2019 Commons Chamber

[The Prime Minister]

I fully understand that these cases are desperately difficult, and my sympathies are with the families and friends. The Government did change the law, as the hon. Gentleman said, and specialist doctors on the General Medical Council specialist register can now prescribe cannabis-based products for medicinal use where there is clinical evidence of benefit. NHS England and the chief medical officer have made it clear that cannabis-based products can be prescribed for medicinal use in appropriate cases, but we must trust doctors to make clinical decisions in the best interests of patients.

[Kevin Hollinrake (Thirsk and Malton) (Con)]

Q14. When Sally Masterton discovered a £1 billion fraud at Lloyds, the bank sought to discredit her to the regulator, constructively dismissed her and prevented her from working with the police investigation, which had described her role as vital. Five years later, the bank apologised and paid an undisclosed amount in compensation, yet the Financial Conduct Authority continues to refuse to investigate. Will the Prime Minister use her powers to compel it to do so and to sanction those responsible, including, if relevant, the chief executive for those five years, António Horta-Osório?

[The Prime Minister]

Obviously, it is important to remember that the events at HBOS Reading branch constituted criminal activity, and it is right that those responsible were brought to justice. The FCA is currently conducting two investigations into the events at HBOS Reading, including on the bank’s communications with regulators following the discovery of the misconduct. Lloyds has appointed a former High Court judge, Dame Linda Dobbs, to consider whether issues related to HBOS Reading were properly investigated and reported by Lloyds Banking Group. Those findings will be shared with the FCA, and I look forward to the conclusion of all those investigations.