Hundreds if not thousands of UNISON members are likely to have been affected by the Christmas hamper and voucher company going bust. Overall 100,00 people mostly on low incomes have lost £40m with typical customers losing £500
This is especially lamentable as Farepak's customers have taken the responsible route and saved throughout the year for Christmas instead of accumulating debt.
HBOS who acted as bankers to the company have as yet not accepted any financial or moral obligation.
UNISON General Secretary, Dave Prentis has written to the Chairperson of HBOS urging the bank to take the initiative and play a proactive role by agreeing to fully fund the losses incurred by Farepak's customers.
Altough a special charitable fund has been set up by DTI minister Ian McCartney to help those affected there is no guarantee that they will be fully reimbursed. Unison is working with Labour MP's to highlight the issue and get justice for Farepak customers.
Customers who used Visa cards may be able to get their money back but there is no telling how long they may have to wait.
More information is available at www.farepak.co.uk and www.farepakresponsefund.org.uk
UNISON welfare may be able to help mambers experiencing hardship so please contact the Branch if you are in this position or are a steward who knows of someone in this position.
Jo Myers
Branch Welfare Officer
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