Business of the House
Toby Perkins (Chesterfield, Labour)
Members across the House are growing increasingly concerned about the evidence of interest rate swap mis-selling by banks. Members are hearing about firms in their constituencies that are being put out of business because of such hedge fund products. May we have an urgent debate on this issue, and ensure that banks do not foreclose on businesses while investigating whether mis-selling took place only then to have to go back and make compensatory payments after that business has collapsed?