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Business of the House

Part of the debate – in the House of Commons at 11:18 am on 17th October 2019.

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Photo of Kevin Hollinrake Kevin Hollinrake Conservative, Thirsk and Malton 11:18 am, 17th October 2019

May we have a debate on the new Business Banking Resolution Service, which is a method of compensation for small and medium-sized enterprises that have suffered historical mistreatment by their banks? The Chancellor stated in his letter of 19 January that the system should carefully consider all cases brought before it, yet research by the all-party parliamentary group on fair business banking has identified that 85% of cases are excluded from the scheme by the eligibility criteria.