FAREPAK CLOSURE

That this House views with deep concern the closure of Farepak, the Christmas voucher and hamper company; is appalled that many families with modest means who have been saving towards Christmas with the company could now lose those savings; notes that the Hamper Industry Trade Association, whose code of practice is designed to ensure security of savings, asked for customers' payments to be ring-fenced; and calls upon the Government and the administrator, BDO Stoy Hayward, to do everything in their power to recover and return as much of the company's customers' savings as possible.