On the situation with Farepak, Rosie comments:
"Some families face a bleak Christmas after the failure of the Christmas savings club Farepack. One of the reasons I’ve never liked these schemes is they are effectively savings schemes, but without the standard Financial Services Authority protections (with a normal deposit account up to £36,000 is protected). I think that it’s time these schemes were regulated. I know the Government is working hard on behalf of these families and I hope we will get some good news and that these families will get to enjoy a happy and merry Christmas this year."