Early day motion · EDM 1633 · 22 May 2008

CO-OP BANK BOYCOTT

Tabled by Dr David Drew (Labour (Co-op)) 55 signatures

The motion

That this House congratulates the Co-operative Bank on its decision to forgo £10 million of loan applications from three businesses controlled by sovereign wealth funds whose sponsoring regimes it deemed unethical; and hopes that such a move will stimulate other financial institutions to consider their attitude towards such funds, to strike a real blow for human rights, transparency and freedom of operation.

Source: the official Early Day Motions database.