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 William McCrea William McCrea Shadow DUP Leader of the House of Commons, Shadow Spokesperson (Communities and Local Government), Shadow Spokesperson (Environment, Food and Rural Affairs) 11:30 am, 3rd June 2009

In October, the Treasury guaranteed that no British customers of Icesave would lose their savings after that Icelandic online bank collapsed. The Prime Minister went on to issue a blanket guarantee that its 300,000 UK customers would get all their money back. Why can he not give the same guarantee to those who have savings with the Presbyterian Mutual Society? Does the Secretary of State not realise the gravity of the situation for many ordinary, decent people in Northern Ireland?

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