Liberal Democrat MP for Cardiff Central Jenny Willott attended the Bully Banks campaign day, “Brolly-Day”, in Westminster on Wednesday 26th February to show her support for local SMEs damaged by alleged misconduct of high street banks.
Jenny met with constituents Martyn Russell and Keith Glaister, who are two of several hundred small businesses owners who attended the “Brolly-Day” campaign day and met with their MPs.
The purpose of the lobby day was to raise awareness of the ongoing problems with the interest rate swap mis-selling scandal and to encourage MPs to take action on behalf of businesses in their constituency.
Jenny Willott said: “Mis-selling of financial products has had a devastating effect on hundreds of small businesses across the country, yet even now banks are dragging their feet in compensating people. I know of cases where people have been left waiting for 6 months for a decision regarding their claim which they were told would take 6 weeks at most. This is simply not good enough. I will be continuing to do all I can to ensure that justice is served and that my constituents get the redress they deserve.”
Jeremy Roe, Chair of Bully Banks said: “The parliamentary support for this campaign has been invaluable in securing redress for thousands of businesses across the UK each of which has been the victim of mis-selling at the hands of our high street banks. Much more remains to be achieved but the turn out on Wednesday was extremely encouraging. We look forward to working closely with our MPs in Parliament to resolve the ongoing issues.”
