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Banks And Small Businesses

EDM number 1171 in 1992-93, proposed by Paddy Ashdown on 14/01/1993.

That this House believes there is mounting evidence that considerable numbers of small businesses have been unfairly treated by their banks, with many cases of overcharging, lack of notification and hasty foreclosure, and that since economic recovery and a reduction in unemployment will only be brought about through a revival of the small business sector this matter should have had the Government's full attention months ago; notes that the Government is in the process of a second inquiry in two years into this issue but have still yet to report to Parliament on its findings; and urges the Government to require banks to provide their customers with a contract when lending money and to establish an ombudsman for small businesses which is independent of the banks and includes customer representation, which has the powers to order compensation where misconduct or overcharging have been proved and which reports directly to Parliament on an annual basis.

This motion has been signed by a total of 47 MPs.

Paddy Ashdown14/01/1993YeovilProposed
Nick Harvey14/01/1993North DevonSigned
Jim Wallace14/01/1993Orkney & ShetlandSigned
Paul Tyler14/01/1993North CornwallSigned
Alan Beith14/01/1993Berwick-upon-TweedSigned
Alex Carlile14/01/1993MontgomerySigned
Malcolm Bruce14/01/1993GordonSigned
Liz Lynne14/01/1993RochdaleSigned
Charles Kennedy14/01/1993Ross and Cromarty and SkyeSigned
Nigel Jones14/01/1993CheltenhamSigned
Simon Hughes14/01/1993Southwark and BermondseySigned
Ken Livingstone15/01/1993Brent EastSigned
Russell Johnston18/01/1993Inverness, Nairn and LochaberSigned
Matthew Taylor18/01/1993TruroSigned
Norman Godman18/01/1993Greenock and Port GlasgowSigned
Jim Dowd18/01/1993Lewisham WestSigned
Lawrence Cunliffe18/01/1993LeighSigned
Michael Connarty18/01/1993Falkirk EastSigned
Ronnie Campbell18/01/1993Blyth ValleySigned
Ray Michie18/01/1993Argyll & ButeSigned
Lynne Jones18/01/1993Birmingham, Selly OakSigned
Glenda Jackson18/01/1993Hampstead & HighgateSigned
Jean Corston19/01/1993Bristol EastSigned
Keith Vaz19/01/1993Leicester EastSigned
David Steel19/01/1993Tweeddale, Ettrick and LauderdaleSigned
John Battle19/01/1993Leeds WestSigned
Janet Anderson19/01/1993Rossendale & DarwenSigned
John Evans19/01/1993St Helens NorthSigned
Tom Cox19/01/1993TootingSigned
Elfyn Llwyd19/01/1993Meirionnydd Nant ConwySigned
Don Foster19/01/1993BathSigned
John Heppell20/01/1993Nottingham EastSigned
Mike Gapes20/01/1993Ilford SouthSigned
Colin Pickthall21/01/1993West LancashireSigned
Anne Campbell25/01/1993CambridgeSigned
Jamie Cann25/01/1993IpswichSigned
Win Griffiths27/01/1993BridgendSigned
Gwyneth Dunwoody28/01/1993Crewe & NantwichSigned
John Gunnell28/01/1993Leeds South and MorleySigned
Roland Boyes15/02/1993Houghton and WashingtonSigned
Tommy Graham25/02/1993Renfrew West and InverclydeSigned
Ieuan Wyn Jones01/03/1993Ynys MSigned
Dale Campbell-Savours04/03/1993WorkingtonSigned
Frank Cook23/03/1993Stockton NorthSigned
Elliot Morley31/03/1993Glanford and ScunthorpeSigned
William McCrea14/04/1993Mid UlsterSigned
Ken Purchase04/05/1993Wolverhampton North EastSigned

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