GOVERNMENT ASSISTANCE FOR FAREPAK VICTIMS

Early day motion 2141, tabled 17 October 2007 by Pete Wishart (Scottish National Party). Signed by 16 members.

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.

Signatures by party: Labour 7, Liberal Democrat 3, Conservative 2, DUP 1, Independent 1, Scottish National Party 1, Social Democratic and Labour Party 1.