View all 1364 updates ›

MP talks about his disappointment at collapse of Farepak case

People who lost money with the collapse of the Swindon savings firm Farepak have reacted with anger to the news that a legal case against the directors has been dropped.

Tens of thousands of savers in a Christmas hamper scheme lost money when the company went into administration in 2006.

The Insolvency Service applied to the High Court to ban nine former bosses from serving as directors. However the move was abandoned after evidence about the role of the firm's bankers.

Local MP Robert Buckland says it is a disappointment for Farepak savers

More on this story