Presbyterian Mutual Society

Part of Oral Answers to Questions — Northern Ireland – in the House of Commons at 11:30 am on 3rd June 2009.

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Photo of Ann Winterton Ann Winterton Conservative, Congleton 11:30 am, 3rd June 2009

Bearing in mind that the Presbyterian Mutual Society is in administration mainly because of panic withdrawals following the Chancellor's guarantee to the UK banking sector, will the Secretary of State persuade the Chancellor and the Prime Minister that a similar guarantee scheme should be extended to provident and mutual societies? After all, what is good enough for the Dunfermline building society is surely good enough for the Presbyterian Mutual Society.

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