Christie's staff and MPs demand £6.5m compensation for Iceland losses

Petition to Downing Street presented today

Staff from Manchester charity Christie's will join nine MPs in Downing Street today to deliver a petition demanding the return of the £6.5m the charity lost in failed Icelandic banks.

Almost 100,000 people have signed a petition to support the Cash Back for Christie campaign since it began two months ago.

The charity, which raises £13m a year for Manchester cancer hospital The Christie, started the campaign after the Financial Services Compensation Scheme denied it compensation for the losses.

The nine MPs from across Greater Manchester include Labour's Sir Gerald Kaufman and Tony Lloyd, Conservative Graham Brady and Liberal Democrat Paul Rowen.

A Treasury select committee report last month recommended that the charity be compensated for its losses.

Besides lobbying for compensation, the charity is attempting to overturn the FSCS ruling by judicial review.

"We think we are making a big difference for all the charities that want to get their money back from Icelandic banks," said a Christie's spokeswoman.

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