DEMANDS FOR INQUIRY INTO INSOLVENCY INDUSTRY  

ROBERTSON ROUNDS ON LABOUR'S ROTTEN REGULATION LIQUIDATORS CASH IN WHILE CREDITORS GET PENNIES Calls for an investigation into the insolvency industry have been made amid concerns that administrators are cashing in at the expense of creditors. Local Moray MP Angus Robertson is working with his Westminster SNP colleagues and the party’s spokesperson on regulatory reform, Mike Weir MP, who is leading demands after parliamentary questions revealed a worrying picture of how the insolvency industry is operating.  The SNP’s concerns have been sparked over delays and the level of compensation for the Farepak victims – the Christmas hamper firm collapsed in October 2006 owing £37m to more than 119,000 savers. Here in Moray Farepak savers lost many thousands of pounds and many had their Christmas’s ruined. More than three years later, savers are...