Presbyterian Mutual Society
EDM number 702 in 2008-09, proposed by Jeffrey Donaldson on 05/02/2009.
Categorised under the topic of Financial institutions.
That this House notes with concern the plight of investors in the Presbyterian Mutual Society in Northern Ireland; recognises that the society is now in administration due in the main part to the withdrawal of investments brought about by the introduction of a guarantee for the UK banking sector;further notes that the Government has provided assistance to UK investors in overseas banks; and calls on the Prime Minister and the Chancellor of the Exchequer to extend that guarantee to provident and mutual societies such as the Presbyterian Mutual Society.
This motion has been signed by a total of 32 MPs.
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