Oral Answers to Questions Debate

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Department: Ministry of Defence
Monday 13th July 2015

(8 years, 11 months ago)

Commons Chamber
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Nigel Adams Portrait Nigel Adams (Selby and Ainsty) (Con)
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6. What plans he has to strengthen the armed forces covenant.

Rishi Sunak Portrait Rishi Sunak (Richmond (Yorks)) (Con)
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9. What plans he has to strengthen the armed forces covenant.

Marcus Fysh Portrait Marcus Fysh (Yeovil) (Con)
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16. What plans he has to strengthen the armed forces covenant.

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Lord Lancaster of Kimbolton Portrait Mark Lancaster
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As I mentioned, the Secretary of State has already written to the chief executives of the 350 largest companies, but the House could do worse than follow the example set by my hon. Friend who is, I know, a champion of the armed forces in his constituency. In light of that, I intend to write to all hon. Members to offer them an information pack and to encourage them to engage with companies in their constituencies, so that we can extend the corporate covenant across the UK.

Rishi Sunak Portrait Rishi Sunak
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My constituents at Catterick garrison welcome the 2% commitment, but commercial disadvantage often bedevils them when it comes to areas such as insurance and mortgages. Can my hon. Friend update the House on how he is working with companies to tackle that disadvantage?

Lord Lancaster of Kimbolton Portrait Mark Lancaster
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The Government have taken a number of steps to level the playing field for those in the military who seek financial products. We have secured a pledge from the UK Cards Association, the British Bankers Association and the Council of Mortgage Lenders to notify their members that those who serve in the armed forces should not be disadvantaged because of their occupation, and that applications for credit and mortgages should be treated fairly and consistently.