John McFall

MPs demand bail-out for charities

2009-04-02 23

Charities in the UK that lost millions of pounds when the Icelandic banking system collapsed should get a bail-out, according to a committee of MPs.

But local authorities that suffered the same fate should not be compensated, the Treasury Select Committee said.

Deposits held by British citizens living outside the UK with savings in these banks' offshore arms should also not be covered.

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Conservative Graham Brady, Liberal Democrat John Thurso and the committee's chair, Labour's John McFall, gave their reaction to the Chancellor's comments to TSC

Posted 09/11/2008 - 14:28 by Elpasout

2008-11-09 (All day)

Conservative Graham Brady, Liberal Democrat John Thurso and the committee's chair, Labour's John McFall, gave their reaction to the Chancellor's comments.

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Comments on the BBC from Treasury Select Committee members after 3/11 meeting

2008-11-07 (All day)

Conservative Graham Brady, Liberal Democrat John Thurso and the committee's chair, Labour's John McFall, gave their reaction to the Chancellor's comments. Even Labour's McFall was surprised by Darling's tax haven comment and they all understand, thanks to our efforts, that we are ordinary hard working savers, not tax evaders. A further investigation by the TSC is promised. Short but encouraging.

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