questionText: To ask the Chancellor of the Exchequer, if she will provide the Financial Ombudsman Service with additional powers to monitor the use of personal guarantees by financial services companies for lending to small and medium sized businesses.
answerText: The Financial Ombudsman Service (FOS) was set up to resolve complaints between consumers and small businesses, and their financial services providers. While the Treasury sets the legal framework in which the FOS operates, the rules on how the FOS should h...
heading: Small Businesses: Loans