Lord Dykes
Main Page: Lord Dykes (Crossbench - Life peer)Department Debates - View all Lord Dykes's debates with the Ministry of Justice
(13 years, 10 months ago)
Lords ChamberPeople are most vulnerable to receiving these calls in their homes. We have all received them. I will take that question away, see whether there is anything further that we are doing and write to my noble friend.
Will the Minister also look into another serious abuse: the amount of money that currency exchange bureaux charge to customers travelling overseas for very small transactions in value, often with margins of 15 per cent either side? This is a serious abuse because they quote zero commission but charge a huge margin on those exchanges.
If they collect money that way, I suppose the Post Office would be their first stop. I will look into this but do not think that there is any intervention that we can make at the moment.