CHRISTIE CHARITY AND THE FINANCIAL SERVICES COMPENSATION SCHEME

That this House notes with dismay the decision by the Financial Services Compensation Scheme not to allow The Christie charity's claim for £6.5 million after the collapse of the UK-regulated bank Kaupthing, Singer and Friedlander; further notes that this decision will have no impact on services or jobs, but that it puts under threat future research developments and new buildings; recognises the outstanding healthcare and support provided by The Christie to cancer patients and their families and the contribution made by thousands of individuals who work tirelessly to raise money to support the work of The Christie; welcomes the plans by The Christie to apply for a judicial review to overturn the decision; and looks forward to the money being returned to The Christie.