Farepak

EDM number 189 in 2007-08, proposed by Katy Clark on 12/11/2007.
Categorised under the topics of Consumers, Financial services, Food and Service industries.

That this House notes that over a year has passed since the Christmas saving company Farepak collapsed; further notes that the collapse forced many families into the arms of debt lenders who charge extortionate rates of interest; believes that the victims of Farepak are entitled to justice and that those responsible for the Farepak collapse should be held accountable for their actions; notes that many of the innocent victims of the Farepak collapse have not received any compensation; believes that compensation must now be made available; and calls on the Government to introduce legislation to ensure that a Farepak-style collapse cannot happen again and for the Government to publish the report into the collapse of Farepak.

This motion has been signed by a total of 254 MPs, 8 of these signatures have been withdrawn.