Equitable Life Debate

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Department: HM Treasury

Equitable Life

Marcus Fysh Excerpts
Thursday 31st January 2019

(5 years, 2 months ago)

Commons Chamber
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Bob Blackman Portrait Bob Blackman
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Not only that, but if the compensation was paid out, because the people involved are vulnerable and retired or likely to retire soon, the Treasury would see the money repaid and put into the economy straightaway, not put away for a rainy day.

Marcus Fysh Portrait Mr Marcus Fysh (Yeovil) (Con)
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Does my hon. Friend also agree that many who are suffering, some of whom live in my constituency, are not getting any younger and could really do with this money now?

Bob Blackman Portrait Bob Blackman
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They have been denied proper compensation for nine years. It is time that this was settled.