United Kingdom · Question · Written question
UIN 3935
Blackmore Bond: Insolvency
Introduced
19 May 2021
Last action
26 May 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
26 May 2021
Summary
To ask the Chancellor of the Exchequer, what discussions he had with people who lost their life savings as a result of the collapse of Blackmore Bond Plc prior to making the decision not to establish a compensation scheme.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
19 May 2021
Written question
To ask the Chancellor of the Exchequer, what discussions he had with people who lost their life savings as a result of the collapse of Blackmore Bond Plc prior to making the decision not to establish a compensation scheme.
Source: Commons
26 May 2021
Answer
I am acutely aware of the situation at Blackmore Bond plc, and I am mindful that many individuals have lost money after investing in minibonds with the firm, which must be extremely distressing. The Financial Services Compensation Scheme (FSCS) is the com...
Source: Written answer
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Sponsors
- · Treasury · Answering body
Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-05-19/3935
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1316394
- uk · wq-1316394 · source updated 26 May 2021