Early day motion tabled by primary sponsor Pete Wishart (Scottish National Party), on Wednesday, 17 October 2007, in the House of Commons. It is signed by 16 members in total.

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GOVERNMENT ASSISTANCE FOR FAREPAK VICTIMS

That this House believes that the Government must now intervene and offer a compensation package for the victims of the collapse of the Farepak savings scheme; notes that the Farepak victims have not received a single penny of compensation and are no closer to securing justice in this case; further notes that the Government were quick to intervene to guarantee the savings of customers of Northern Rock while doing nothing for Farepak victims; believes that the Government does have obligations in that it failed to provide adequate consumer protection through regulation; and calls on the Government to bring forward legislation to ensure that another Farepak-type scandal cannot happen again.

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Secondary information

Type

Early day motion

Reference

2141 

Session

2006-07

Other sponsors

Jim Dobbin

Peter Bottomley

John McDonnell

Lynne Jones

Martin Caton

Subjects

Compensation Consumers Insolvency Farepak

Link

View this Early day motion on www.parliament.uk