Written Question·Treasury·UIN 98338

Financial Services: Compensation

Tabled: 8 December 2025
Answered: 16 December 2025

Question

Neil Duncan-Jordan

LabourPoole

To ask the Chancellor of the Exchequer, whether she is taking steps to ensure that people affected by interest rate hedging products are compensated.

Answer

Lucy Rigby
The Government recognises the impact that the historic mis‑selling of interest rate hedging products (IRHPs) has had on many SMEs, and we acknowledge the distress this caused.Responsibility for regulating the sale of these products, and for ensuring appro...

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