Business question from Jim Devine (Labour) in the House of Commons on Thursday, 23 November 2006. It occurred during Business statement on Business of the House.
Business of the House
On 12 September the directors of Farepak wrote to their customers telling them that they had to pay their bill by 6 October to enjoy the biggest, best Christmas ever. The company went into liquidation seven days later. We now know that the parent company asset-stripped Farepak of £35 million, Halifax Bank of Scotland got its cut, and Sir Clive Thompson, the chairman of the company, effectively robbed hundreds of thousands of decent people of Christmas. Does my right hon. Friend agree that although Halifax Bank of Scotland may not have a legal responsibility to those individuals, it has a moral responsibility to them?
Secondary information
- Type
- Proceeding contribution
- Reference
- 453 c696
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Companies Insolvency Farepak
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-10-29 09:22:38 +0000
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