HM Treasury written question – answered at on 11 January 2018.
Bill Esterson
Shadow Minister (Business, Energy and Industrial Strategy), Shadow Minister (International Trade)
To ask Mr Chancellor the Exchequer, pursuant to the Prime Minister's oral contribution of 20 December 2017, who will examine the mistreatment of smaller businesses by RBS.
John Glen
Minister of State (Treasury) (City), The Economic Secretary to the Treasury
The Financial Conduct Authority (FCA) has published a detailed summary of the independent report into Royal Bank of Scotland’s treatment of small and medium-sized enterprise customers transferred to its Global Restructuring Group (GRG). The FCA announced it is investigating the matters arising from its review of GRG 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.
Yes1 person thinks so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
