Madeleine Moon
Main Page: Madeleine Moon (Labour - Bridgend)Department Debates - View all Madeleine Moon's debates with the Leader of the House
(10 years, 9 months ago)
Commons ChamberI give my congratulations to the Malted Waffle Company. I was involved in such things years ago when I was in the then Department of Trade and Industry, so I know that the Queen’s award for exports is not lightly given. The award suggests that a substantial achievement has been made, as was the case when the Cambridge Satchel Company, which is in my constituency, secured a Queen’s award. I do not know the size of the Malted Waffle Company, but it is interesting and encouraging that more medium-sized business are growing not just through the domestic market, but by developing their export markets. A British Chambers of Commerce report on companies throughout the country that was published about a fortnight ago showed an encouraging increase in companies’ confidence that they would increase their export orders in the months to come.
The Law Society has a rigorous conveyancing qualification for solicitors, but some mortgage lenders now require solicitors to undertake the conveyancing qualification scheme run by themselves and have a £5 million bond for negligence rather than the £2 million required by law. May we have a debate on how lenders are adding to the costs of conveyancing, reducing choice for consumers and driving small solicitors out of conveyancing?
We are keen to ensure that consumers have access to competition and choice, and hence the lowest possible cost. I am not in a position to comment on the particular points that the hon. Lady makes, but I will talk to my hon. Friends and see whether they can assist her in how she might take that forward. She may find that she has the opportunity to seek to raise this matter on the Adjournment at some point.