Football Index Collapse Debate
Full Debate: Read Full DebateDepartment: Department for Digital, Culture, Media & Sport
Bell Ribeiro-Addy
Main Page: Bell Ribeiro-Addy (Labour - Clapham and Brixton Hill)Department Debates - View all Bell Ribeiro-Addy's debates with the Department for Digital, Culture, Media & Sport
Football Index Collapse
Bell Ribeiro-Addy Excerpts(2 years, 5 months ago)
Westminster HallRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Westminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
Bell Ribeiro-Addy
I thank my hon. Friend for giving way and for making such a brilliant speech on an issue that has affected so many of our constituents. At the end of last year, I met my constituents who are victims of the Football Index collapse, and they shared with me details about the impact that the collapse has had on them financially. However, what they spoke about in most detail was the emotional impact and the damage to their mental health. Some felt ashamed or guilty for getting family members to invest and lose money in Football Index as well. Securing redress for the victims of the Football Index collapse is about more than just financial redress; it is also about giving them justice, given the emotional and psychological damage that the whole incident has caused. Does my hon. Friend agree?