HC Deb 15 February 1973 vol 850 cc396-7W
Mr. Ashton

asked the Secretary of State for Trade and Industry whether he will investigate under the Companies Act the activities of K. and H. Mortgage Brokers, operated by D. Hilditch, of 5 Frank Road, Doncaster, and B. E. Keen, of 37 Auckland Road, Doncaster, in view of correspondence sent to him relating to Mr. Brooks, of Priorwell Road, Worksop, and the loss of his £135 savings.

Sir G. Howe

I share the hon. Member's concern about this case but I have no powers to investigate the firm's activities. All the proposals made by the Committee on Consumer Credit—including those relating to licensing of consumer credit grantors and intermediaries in their transactions—are being considered. The intention is to introduce consumer credit legislation without avoidable delay.