Early day motion tabled by primary sponsor Lord Bilston (Labour), on Monday, 27 July 1998, in the House of Commons. It is signed by 43 members in total.

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DEFENCE OF BIRMINGHAM MIDSHIRES BUILDING SOCIETY AND MUTUALITY

That this House views with alarm and concern the weekend media speculation that Halifax plc. intends this week to launch a complete buy out of Birmingham Midshires Building Society, the fifth largest building society in Britain, which will undoubtedly mean that future competition in this vitally important financial services sector will be further eroded, thousands of jobs lost and the best interests of Birmingham Midshires long-term members will be sacrificed for the short-term gains of those intent on destroying the benefits of mutuality; and therefore calls for any such selfish and destructive bid to be referred to the Office of Fair Trading.

Amendments

The Early day motion has received an amendment.

DEFENCE OF BIRMINGHAM MIDSHIRES BUILDING SOCIETY AND MUTUALITY (1614A1)

The Early day motion has received an amendment sponsored by Lord Stunell (primary, Liberal Democrat) and tabled on Sunday, 18 October 1998. It has been signed by 1 members in total.

after 'mutuality;', insert 'and that Halifax Plc have failed to deal expeditiously and appropriately with some of their shareholders' claims against them over a year after demutualisation;'.

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Secondary information

Type

Early day motion

Reference

1614 

1614A1 

Session

1997-98

Subjects

Building societies Birmingham Midshires Building Society

Link

View this Early day motion on www.parliament.uk