Motion · S3M-06271 · 10 May 2010

Save the Foundation, Charities Unite against Lloyds Banking Group

Lodged by Ms Wendy Alexander Standard Motion 39 supporters

The motion

That the Parliament welcomes the renewed campaign to save Lloyds TSB Foundation for Scotland; considers the importance of this well-respected funder to communities and charities across Scotland and the vital contribution of £85 million made to those communities since 1985; notes the latest call from Scotland’s voluntary sector for Lloyds Banking Group to reverse its decision to terminate its historic covenant with the foundation; believes that the decision of the bank is a cynical one, putting the interests of this taxpayer-funded bank before the needs of disadvantaged communities across the country; welcomes the petition that can be found at www.savethefoundation.org, calling on Lloyds Banking Group to reinstate the covenant, and wishes the campaign well.

Supporters (39)

Source: the Scottish Parliament motions and amendments record.