Alistair Carmichael
The Public Record
★ Featured Quote
October 11, 2026
The FCA may claim that they are immune from accountability but they have a statutory obligation to uphold confidence in the UK financial sector.
— Alistair Carmichael
The ask to the FCA is simple: compensate the fees of the victims of Midas who pursued legal action and lost out as a result.
While they are in Scotland the FCA would do well to reflect upon their failings in the Midas fraud. They ignored the warnings and everyday people lost out as a result.
I would be “cautious” of making any significant changes, “imperfect” though the current system is.
There is no justification for islanders to be treated less favourably or subjected to unclear and unjustified requirements when accessing services on the mainland.
At best it is a mistake, but one which demonstrates woeful ignorance on the part of the company or their staff about the basic composition of the United Kingdom.
Islanders deserve the same basic rights as anyone else in the UK — and I will keep making that point with companies and governments for as long as it is necessary.
While this bizarre situation should never have been allowed to occur — and it really should not take the intervention of an MP to stop this sort of behaviour — if more companies could accept their mistakes with this sort of speed and good…
I am delighted that Europcar has apologised and that they have offered my constituents a full refund of the costs they incurred as a result of this error.
There is no justification for islanders to be treated less favourably or subjected to unclear and unjustified requirements when accessing services on the mainland.
There is no justification for islanders to be treated less favourably or subjected to unclear and unjustified requirements when accessing services on the mainland.





