Bank Accounts Debate

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Department: HM Treasury
Wednesday 19th July 2023

(9 months, 3 weeks ago)

Lords Chamber
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Baroness Penn Portrait Baroness Penn (Con)
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My Lords, the Government have taken an interest in this issue, which is why we issued a call for evidence earlier this year that covered freedom of speech and bank account closure. That is the right avenue through which the Government should seek to address this issue, rather than through their shareholding in a particular bank.

Lord Blunkett Portrait Lord Blunkett (Lab)
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My Lords, I am fully in favour of the Government protecting the rights of the “Coutts one”, as they should be protecting the rights of the 1 million who cannot get a bank account. But is it not perverse, on the day that the Prime Minister has rightly apologised for the egregious treatment of LGBT people in the Armed Forces, for the Home Secretary to widen this debate into a full-frontal attack on equality, diversity and inclusion? Is that not totally unacceptable as well?

Baroness Penn Portrait Baroness Penn (Con)
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My Lords, I think the point we can all agree on is that the right to lawful freedom of speech is fundamental. Where that has been seen to be brought into question through the provision of services, we have cause to worry.