Motion text
This House notes with concern proposed changes to overdraft fees for individuals and businesses due to be implemented in April 2020; further notes that this would lead to substantial increases in fees for both arranged and unarranged overdrafts; recognises the need to simplify overdraft fees and however notes with concern how financial providers have used directives by the Financial Conduct Authority to maximise profits; and calls on the Treasury and the Financial Conduct Authority to urgently review the new pricing structure of overdrafts by UK banks and intervene to ensure fairness for consumers and businesses before the new financial year.
Signatures (19)
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.
Edwards, Jonathan
Plaid Cymru
Signed on
13 February 2020
Sobel, Alex
Labour
Signed on
14 February 2020
Williams, Hywel
Plaid Cymru
Signed on
14 February 2020
Yasin, Mohammad
Labour
Signed on
17 February 2020
Sharma, Mr Virendra
Labour
Signed on
20 February 2020
Lake, Ben
Plaid Cymru
Signed on
24 February 2020
In addition to the sponsors, the following Members have signed to support the motion.
Anderson, Fleur
Labour
Signed on
24 February 2020
Dorans, Allan
Scottish National Party
Signed on
24 February 2020
Saville Roberts, Liz
Plaid Cymru
Signed on
24 February 2020
MacAskill, Kenny
Scottish National Party
Signed on
24 February 2020
Stephens, Chris
Scottish National Party
Signed on
24 February 2020
Bottomley, Sir Peter
Conservative
Signed on
25 February 2020
Thewliss, Alison
Scottish National Party
Signed on
25 February 2020
Shannon, Jim
Democratic Unionist Party
Signed on
26 February 2020
Girvan, Paul
Democratic Unionist Party
Signed on
26 February 2020
Law, Chris
Scottish National Party
Signed on
26 February 2020
Doughty, Stephen
Labour
Signed on
27 February 2020
Gibson, Patricia
Scottish National Party
Signed on
2 March 2020
Russell-Moyle, Lloyd
Labour
Signed on
15 September 2020
There are no withdrawn signatures for this motion.