Barclays Bank Funding

EDM number 2400 in 2007-08, proposed by David Drew on 03/11/2008.
Categorised under the topic of Financial institutions.

That this House is appalled at the decision of Barclays Bank to decide to seek Middle Eastern money rather than the support of the British Government to help tide it over current difficulties; is concerned that it has put the interests of those who will continue to receive bonuses over savers, lenders and even shareholders; and urges that this deal should not be pursued, and that if those in control of the Bank continue with it, savers, lenders and shareholders should take appropriate action against Barclays.

This motion has been signed by a total of 22 MPs.