INDEPENDENT MUTUAL STATUS OF LEEK UNITED BUILDING SOCIETY

Early day motion 978, tabled 3 November 1999 by Charlotte Atkins (Labour). Signed by 33 members.

That this House expresses concern about the threat to the independent mutual status of Leek United Building Society from Murray Financial Corporation; believes that Murray Financial Corporation is a shell company whose only purpose is to asset-strip mutual building societies and believes that the financial interests of Leek United members and the region are better served by the mutual approach.

Signatures by party: Labour 24, Labour/Co-operative 5, Liberal Democrat 3, Independent 1.