PARLIAMENTARY DEBATE
First Minister of Scotland - 17 January 2024 (Commons/Commons Chamber)

I have repeatedly expressed my commitment to joint working with the First Minister of Scotland to deliver for the people across the country.

I am grateful for that answer. Although much attention has rightly been paid to the Post Office-Horizon scandal, there is another shocking example of Government and private sector collusion that began under the last Labour Administration and has continued under the Tories. Almost 200,000 mortgage prisoners who borrowed with high street lenders such as Northern Rock have become trapped after the portfolio was sold off to foreign entities including Topaz Finance and Heliodor, who have been creaming off extortionate standard variable rates since 2008, leaving even those who kept up with payments in danger of having their homes repossessed. Some 200,000 aspirant homeowners have had their dream taken away from them. Will the Prime Minister, instead of playing catch-up as he is with the Post Office scandal, meet me and campaigners to discuss what more can be done for mortgage prisoners?

I am familiar with the situation for mortgage prisoners, and it was something that I worked on as Chancellor. The Treasury and the current Chancellor have been engaging with campaign groups and others to find ways to resolve it. It is not an easy situation to fix overnight, but things are being looked at as we speak.

My hon. Friend is a superb ambassador for Moray and Scotch whisky. He is right that it is a hugely successful export industry that supports tens of thousands of skilled jobs across Scotland. I will not tread on the Chancellor’s toes about future Budgets, but I am proud of this Government’s track record of supporting the industry, having removed US tariffs on Scotch whisky, reduced tariffs in deals with countries like Morocco and Argentina and supported the sector’s interests in our free trade agreements with Australia and New Zealand and, most recently, the comprehensive and progressive agreement for trans-Pacific partnership.