Early day motion tabled by primary sponsor Jeffrey M Donaldson (Democratic Unionist Party), on Thursday, 5 February 2009, in the House of Commons. It is signed by 32 members in total.

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PRESBYTERIAN MUTUAL SOCIETY

That this House notes with concern the plight of investors in the Presbyterian Mutual Society in Northern Ireland; recognises that the society is now in administration due in the main part to the withdrawal of investments brought about by the introduction of a guarantee for the UK banking sector;further notes that the Government has provided assistance to UK investors in overseas banks; and calls on the Prime Minister and the Chancellor of the Exchequer to extend that guarantee to provident and mutual societies such as the Presbyterian Mutual Society.

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Secondary information

Type

Early day motion

Reference

702 

Session

2008-09

Other sponsors

Lord Dodds of Duncairn

Lord McCrea of Magherafelt and Cookstown

Peter Robinson

David Simpson

Lord Bannside

Subjects

Financial institutions

Link

View this Early day motion on www.parliament.uk