LORD PENROSE'S REPORT ON EQUITABLE LIFE (2)
EDM number 827 in 2003-04, proposed by Harry Barnes on 15/03/2004.
That this House notes that Lord Penrose's report finds extensive evidence of operational failures by Equitable Life and regulatory failures by previous Conservative governments; yet recognises that Labour governments are often called upon to deal with the failings of financial capitalism and of a Conservative free market inheritance; and calls upon the Government to find ways and means of either the Parliamentary Ombudsman or Lord Penrose himself to examine the situation in order to make recommendations on compensation.
This motion has been signed by a total of 37 MPs, 1 of these signatures have been withdrawn.
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