Posted on May 1, 2014

Since yesterday’s email went out, we’ve heard that the public gallery at Westminster Hall, where the Parliamentary debate about the failures surrounding the collapse of the Connaught Income Fund Series 1 will take place at 11am on Wednesday 7 May, is really tiny. Apparently it can accommodate only around 20 people.

We’re keen that researchers representing MPs who cannot make the debate can find seats, along with representatives of the Financial Conduct Authority and members of the press. After all, the whole point of the exercise is to put pressure on the FCA to require Capita to give us our money back, and for Capita not to fight such a restitution order – goals that require maximum political, media and regulatory pressure.

What this means is that we think there could be as few as 10 seats for investors. Worse, places cannot be reserved in advance. If you are thinking of attending, PLEASE email us at before planning your trip. We’ll tell you how many investors have already stated their intention to attend, so you can make an informed decision about whether or not it’s worth making the journey.

While we’re obviously disappointed that it isn’t possible for all investors to see and hear the debate, we understand that the proceedings will be reported in Hansard, so everyone will get to know exactly what is said.

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