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1349239
registered interest false more like this
date less than 2021-07-21more like thismore than 2021-07-21
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Small Businesses: Bank Services more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what steps his Department is taking to support small business owners, who have established their business during the covid-19 outbreak, to open business bank accounts. more like this
tabling member constituency Linlithgow and East Falkirk remove filter
tabling member printed
Martyn Day more like this
uin 37530 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-09-06more like thismore than 2021-09-06
answer text <p>Throughout the COVID-19 pandemic, there has been unprecedented demand for banking services, this accompanied with working restrictions due to social distancing has meant banks have faced significant capacity pressures which has limited their ability to meet demand for their services. Banks are doing all they can to meet this demand in these difficult circumstances, and the Government has always been clear that lenders should open to new customers where it is operationally possible for them to do so.</p><p> </p><p>I sympathise with businesses opening their businesses during the pandemic, but decisions about which documentation is required from individual businesses remain commercial decisions for banks and building societies. It would be inappropriate for the Government to intervene in these decisions.</p> more like this
answering member constituency Salisbury remove filter
answering member printed John Glen more like this
grouped question UIN
37531 more like this
37532 remove filter
question first answered
remove filter
answering member
4051
label Biography information for John Glen more like this
tabling member
4488
label Biography information for Martyn Day more like this