Business of the House

Martin Vickers Excerpts

Thursday 12th November 2020 Commons Chamber

[Mr Rees-Mogg]

The hon. Gentleman is absolutely right to raise these sorts of issues on the Floor of the House. It is one of the opportunities that we have as Members—to make it clear that we have concerns about local decision making. He is being an active champion for his constituents. It may not surprise him to know that I do not know the details of the planning issue at hand, but he has raised it on the Floor of the House successfully.

[Martin Vickers (Cleethorpes) (Con)]

Earlier this week, I received a letter from Forrester Boyd, which is a major chartered accountancy company that serves my constituency. It has drawn my attention to the fact that the major banks are refusing or holding long delays in opening new accounts for businesses and the self-employed. At a time when many businesses are having to diversify and new ones are setting up to meet specific needs during the pandemic, this is an intolerable situation. Could I ask the Leader of the House if he could arrange for a Minister to come to the Dispatch Box, show how much the Government deplore this situation and urge the banks to provide a decent service to new businesses?

[Mr Rees-Mogg]

I am exceptionally glad that my hon. Friend has raised this matter, because I have had exactly the same issue in my own constituency. I had thought that it was a one-off, with just one or two people getting in touch to say that they could not open business accounts, but it is clear from my hon. Friend that this is a more widespread problem. As the Leader of the House, it is difficult to raise issues on one’s own behalf as full-throatedly as one can sometimes from the Back Benches, so my hon. Friend raising the matter gives me the opportunity to raise it more full-throatedly. The Government have always made it clear to lenders that they should be open to new customers if that is operationally possible for them. I hope that the banks will ensure that they are able to do so, although they are, of course, operationally independent.