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United Kingdom · Question · Written question

UIN 70993

Royal Bank of Scotland: Small Businesses

answeredUnited Kingdom· UK Parliament· EN

Introduced

8 July 2020

Last action

13 July 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

13 July 2020

Summary

To ask the Chancellor of the Exchequer, whether he plans to undertake an independent quality assurance review of RBS Global Restructuring Group's treatment of SMEs.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 8 July 2020

    Written question

    To ask the Chancellor of the Exchequer, whether he plans to undertake an independent quality assurance review of RBS Global Restructuring Group's treatment of SMEs.

    Source: Commons

  2. 13 July 2020

    Answer

    The fact that there were areas of widespread inappropriate treatment of firms by RBS GRG is clearly unacceptable. RBS rightly apologised for these mistakes, and set up a scheme to compensate victims. This scheme has, to date, paid out [£150] million to co...

    Source: Written answer

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