Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, when he expects the further report of the Financial Conduct Authority on Royal Bank of Scotland's treatment of small and medium-sized enterprises to be published.

The Financial Conduct Authority (FCA) has published an interim summary of the independent review of Royal Bank of Scotland’s treatment of small and medium-sized enterprise customers transferred to its Global Restructuring Group. The FCA announced it is investigating the matters arising from the review and focussing on whether there is any basis for it to take further action. It would not be appropriate for the Government to comment further whilst this process is ongoing.