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Point of Order

Volume 549: debated on Tuesday 4 September 2012

On a point of order, Mr Speaker. I seek your advice on a matter that a constituent brought to me during the summer recess. The long-running, Government-funded small firms loan guarantee scheme was designed to support companies that have not traded for more than five years and that have exhausted all forms of security to get a cash injection. Evidence has been passed to me that Barclays bank used the scheme to underwrite its own bad loans for companies that did not meet the original loan criteria. It appears that it was underwriting small firms—

Order. I am extremely grateful to the hon. Gentleman. I hope that he will understand that I have heard enough to know that this is certainly not a matter for the Chair. If he was concerned to put the matter on the record, he has achieved his objective. There are other ways in which he can pursue it, and I trust that he will. We are grateful.