Natascha Engel
Main Page: Natascha Engel (Labour - North East Derbyshire)Department Debates - View all Natascha Engel's debates with the HM Treasury
Tomlinson Report
Natascha Engel Excerpts
Thursday 19th December 2013
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(10 years, 11 months ago)
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The following is an extract from the response given by the Financial Secretary to the Treasury, the hon. Member for Bromsgrove (Sajid Javid) to the hon. Member for North East Derbyshire (Natascha Engel) during the Westminster Hall debate on the Tomlinson report on 17 December 2013.
Natascha Engel
I am sorry to press this, but one of the very serious issues is the foot dragging, and the more time that is taken, even if it is under the guise of making sure that every i is dotted and every t is crossed, means more small and medium-sized businesses are unnecessarily going under, so the time pressure is really serious. I want to re-emphasise that the FCA must be put under pressure by the Treasury to ensure that the review is done as quickly as possible.