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Volume 485: debated on Tuesday 16 December 2008

Northern Rock

I wish to present a petition submitted by my constituent, Linda Lewis, and signed by 73 other constituents who are shareholders and supporters of Northern Rock. The petition calls for the reassessment of the terms of reference given to the valuer appointed to deal with Northern Rock. I hereby submit the petition.

Following is the full text of the petition:

[The Petition of small shareholders & supporters of Northern rock of the Houghton and Washington East constituency in the North East of England,

Declares that that it welcomes the acknowledgement by the Government that it must pay compensation for nationalising Northern Rock plc, but that the terms of reference for the valuation of the shares are wrongly based as the company was not in administration and was still a 'going concern'.

Further declares that if these terms are unchanged there will not be a fair compensation payment which will lead to many in our region having their savings and pensions undermined which in turn will have a negative impact on the North East's economy.

The Petitioners therefore request that the House of Commons calls on the Government to reconsider the terms of reference given to the valuer so that he can fully reflect the true value of Northern Rock shares.

And the Petitioners remain, etc.]


Planning and Development (Northamptonshire)

Before I present the petition, may I wish you a happy Christmas, Mr. Speaker, as I think that this is my last opportunity to do so this year? Thank you for all your help during the whole year for the whole House.

The petition is from the residents of Higham Ferrers. Last Friday, I went to a school there that has a problem with safety, as the petition makes clear:

The Humble Petition of residents of Higham Ferrers in the Wellingborough constituency and the surrounding area,


That major concern is expressed about proposed developments near to Higham Ferrers Nursery and Infant School and Higham Ferrers Junior School which will pose a risk to the children attending these schools. Increased traffic along the adjacent service road will pose a threat to children and parents, who use this road as a safe area for both the dropping off and picking up of children. In addition many children use this road during the day as an access route to and from the school especially to the sports facilities. Hundreds of children will be affected by the proposed developments.

Wherefore your Petitioners pray that your Honourable House urges the Secretary of State for Children, Schools and Families to liaise with East Northamptonshire District Council and Northamptonshire County Council to ensure a safe environment for children using the schools.

And your Petitioners, as in duty bound, will ever pray, &c.