Early Day Motions

CAPPING OVERDRAFT CHARGES FOR CURRENT ACCOUNTS

EDM (Early Day Motion) 938: tabled on 08 February 2017

Tabled in the 2016-17 session.

This motion has been signed by 34 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House calls on the Government to introduce a cap on the total charges any bank can place on overdrawn personal current accounts; further calls on the Competition and Markets Authority to note the 2016 decision not to introduce a mandatory cap on overdraft charges; notes the high levels of interest that can arise as a result of daily charges accruing over time; and expresses deep concern over the disproportionate impact these charges have on low-paid households and on those relying on insecure sources of employment.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

Ritchie, Ms Margaret
Social Democratic & Labour Party
Signed on 8 February 2017
South Down
Primary
Shannon, Jim
Democratic Unionist Party
Signed on 9 February 2017
Strangford
Day, Martyn
Scottish National Party
Signed on 9 February 2017
Linlithgow and East Falkirk
Durkan, Mark
Social Democratic & Labour Party
Signed on 9 February 2017
Foyle
Stephens, Chris
Scottish National Party
Signed on 9 February 2017
Glasgow South West
Thewliss, Alison
Scottish National Party
Signed on 9 February 2017
Glasgow Central

In addition to the sponsors, the following Members have signed to support the motion.

Campbell, Mr Gregory
Democratic Unionist Party
Signed on 22 February 2017
East Londonderry
Campbell, Mr Ronnie
Labour
Signed on 22 February 2017
Blyth Valley
Crausby, Sir David
Labour
Signed on 22 February 2017
Bolton North East
Cunningham, Mr Jim
Labour
Signed on 21 February 2017
Coventry South
Docherty-Hughes, Martin
Scottish National Party
Signed on 21 February 2017
West Dunbartonshire
Dodds, Mr Nigel
Democratic Unionist Party
Signed on 23 February 2017
Belfast North
Doughty, Stephen
Labour
Signed on 22 February 2017
Cardiff South and Penarth
Elliott, Tom
Ulster Unionist Party
Signed on 2 March 2017
Fermanagh and South Tyrone
Flynn, Paul
Labour
Signed on 23 February 2017
Newport West
Godsiff, Mr Roger
Labour
Signed on 7 March 2017
Birmingham, Hall Green
Grady, Patrick
Scottish National Party
Signed on 23 February 2017
Glasgow North
Hermon, Lady
Independent
Signed on 21 February 2017
North Down
Hopkins, Kelvin
Labour
Signed on 21 February 2017
Luton North
Kerevan, George
Scottish National Party
Signed on 22 February 2017
East Lothian
Kinahan, Danny
Ulster Unionist Party
Signed on 2 March 2017
South Antrim
Law, Chris
Scottish National Party
Signed on 22 February 2017
Dundee West
Lucas, Caroline
Green Party
Signed on 22 February 2017
Brighton, Pavilion
Marsden, Gordon
Labour
Signed on 23 February 2017
Blackpool South
Maskell, Rachael
Labour
Signed on 30 March 2017
York Central
McDonnell, Dr Alasdair
Social Democratic & Labour Party
Signed on 22 February 2017
Belfast South
McGarry, Natalie
Independent
Signed on 21 February 2017
Glasgow East
McNally, John
Scottish National Party
Signed on 21 February 2017
Falkirk
Meale, Sir Alan
Labour
Signed on 21 February 2017
Mansfield
Monaghan, Dr Paul
Scottish National Party
Signed on 22 February 2017
Caithness, Sutherland and Easter Ross
Robinson, Gavin
Democratic Unionist Party
Signed on 20 February 2017
Belfast East
Sharma, Mr Virendra
Labour
Signed on 23 February 2017
Ealing, Southall
Thompson, Owen
Scottish National Party
Signed on 23 February 2017
Midlothian
Williams, Mr Mark
Liberal Democrat
Signed on 23 February 2017
Ceredigion

There are no withdrawn signatures for this motion.