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词条 Presbyterian Mutual
释义

  1. References

  2. External links

The Presbyterian Mutual Society, also known as Presbyterian Mutual is a Belfast-based mutual society with around 9.500 investors, most of whom are members of the Presbyterian Church in Ireland. [1]

The society has been put into administration after a run on the society in October 2008 when £21 million of its £25 million reserves were withdrawn.[2] Presbyterian Mutual had lent heavily to the commercial property developers and the buy to let sector.[3] The loss of funds was attributed to the fact that commercial banks had their deposits guaranteed, in contrast to the Mutual's unguaranteed status.[4] The then Minister for Employment and Learning, Sir Reg (now Lord) Empey, amongst others, called for the Treasury to compensate investors. The Treasury subsequently set up a Working Group to consider what action could be taken.[5]

Gordon Brown talked with Northern Ireland's political leaders on its future on February 12, 2010.[6]

In October 2010 George Osborne announced a £200 million payment to compensate savers as part of the Comprehensive Spending Review.[7] The final bill came to £232 million, and the first cheques for repayment were sent on 2 August 2011.[8] Around 10,000 people were affected by the collapse. All savers who invested less than £20,000 have been completely recompensated.

References

1. ^ Presbyterians to lose millions as Mutual collapses, The Belfast Telegraph, 14 January 2009
2. ^{{cite web|url=http://www.rte.ie/news/2009/0115/presbyterian.html|title=Presbyterian Mutual Society collapses] {{webarchive-url=https://web.archive.org/web/20090119223155/http://www.rte.ie/news/2009/0115/presbyterian.html -date=2009-01-19 }}, 15 January 2009, [[RTÉ]|publisher=}}
3. ^Some good can come out of Presbyterian Mutual collapse {{webarchive|url=https://web.archive.org/web/20110718162954/http://www.thenews.coop/features/Wider%20Co-op%20Movement/1540 |date=2011-07-18 }}, co-operative News, March 19 2009
4. ^Investors request meeting over Presbyterian Mutual Society funds, Mid Ulster Mail, 22 January 2009
5. ^{{cite web|url=http://www.hm-treasury.gov.uk/presbyterian_mutual_society_working_group.htm |title=Archived copy |accessdate=2010-01-22 |deadurl=yes |archiveurl=https://web.archive.org/web/20091015191916/http://www.hm-treasury.gov.uk/presbyterian_mutual_society_working_group.htm |archivedate=2009-10-15 |df= }}, HM Treasury
6. ^"Talks over Presbyterian Mutual Society". RTÉ. Friday, 12 February 2010.
7. ^{{cite web|url=https://www.ft.com/content/bb7e9f28-dc45-11df-a9a4-00144feabdc0|title=Subscribe to read|website=Financial Times}}
8. ^{{cite web|url=https://www.bbc.com/news/uk-northern-ireland-14368955|title=PMS investors get cheques in post|date=2 August 2011|publisher=|via=www.bbc.co.uk}}

External links

  • {{official|http://www.presbyterianmutualsociety.co.uk/}}
{{UK-finance-company-stub}}

2 : Friendly societies of the United Kingdom|Presbyterian Church in Ireland

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