Nigel Adams
Main Page: Nigel Adams (Conservative - Selby and Ainsty)Department Debates - View all Nigel Adams's debates with the HM Treasury
(10 years, 2 months ago)
Commons ChamberI follow the practice that previous holders of this job have followed over the past 20 years, which is not to comment on the exchange rate, but as I said in my response to the first question in this session, the weakness in the eurozone is an emerging risk to the UK economy and something to which we need to be alert.
Constituents of mine have been targeted by phone fraudsters calling them at home pretending to be from their bank, and several have had their bank accounts emptied, leaving them devastated. Will the Minister meet me and other hon. Members whose constituents might have been affected to discuss a way forward to ensure that banks have in place proper, robust security measures to prevent that from happening again?
Yes, I would be happy to meet my hon. Friend to discuss that issue. I have been made aware of such cases. Of course, banks try to ensure that they have robust processes in place, but if anything else can be done, we are happy to look at it.