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  • "2 for 5p -

    People with average intelligence know, that to save money in the bank these days, does not pay any real rewards - but of course you obviously know different, otherwise you would not have made your ignorant comments in the first place, but then again you probably would, it seems to be a hobby of yours.

    People do as they please -

    'A little extra put aside, makes a happy Christmastide'

    Why do people buy shares and bonds etc - what is their return?
    Why do people invest in Insurance Policies - what is their return?

    It is not for me, or the likes of you criticize how people spend their money, it is not for the likes of you to insult people either. Do you get a buzz from insulting people?

    I am delighted that the Farepak customers are to get some money back, even if it has taken years, and as for you, you worth to me is reflected in your pen name - 2 for 5p."
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Former Farepak customers to get half their cash

8:45am Thursday 12th July 2012 in News Photograph of the Author By Vanessa Cornall , Crime reporter

FORMER Farepak customers will be paid back about half the money they lost in the collapse of the Christmas hamper business, according to liquidators.

Business services firm BDO said they will make dividend payments to Farepak's creditors, including customers and agents, at the end of next month.

They confirmed that a payment of about 32p in the £1 will be made, including the £8 million which Lloyds Banking Group announced it was making available to former Farepak customers last week.

When added to the 17.5p in the pound given by the Farepak Response Fund charity, set up by the Government in 2006, customers will have received a total of approximately 50p in the pound, BDO said. The liquidators said they will aim to make dividend payments to Farepak's 114,000 creditors at the end of August, which will for them mark the end of the liquidation of Farepak.

Credit Union adivsor David McMullan, helped dozens of affected families in the Rossendale, when the firm crumbled six years ago.

He said: “This is great news for all those people affected.

“Those families directly affected should now recieve about a third of the amount they should.

“However it is a shame the people affected could not apply for compensation in the similar manor victims of crime can claim for criminal injury compensation.”

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