Rachel Blake

It is a pleasure to serve under your chairship, Mr Turner. I thank my hon. Friend the Member for Oldham West, Chadderton and Royton (Jim McMahon), who has been a shining light of the co-operative movement for a long time. He has been a Co-op councillor, a Co-op leader, a Co-op MP and a Co-op Minister. We are incredibly lucky and proud to have him as such a shining light in our movement, and I thank him very much. I give thanks also to Joe Fortune and his team at the Co-op party. We talk about doubling the sector, but I think the Co-op party team might have doubled in the last few years. We are proud of that, and grateful for the hard work. This Saturday I had the honour of speaking at the Confederation of Co-operative Housing. I was welcomed there by the statement, “Welcome, you’re here with the doers.” That is who co-operators are: we are the doers. We put getting on with practical solutions at the heart of our mission. This year is the International Year of Co-operatives, and I am happy to talk about our proud values, celebrating our co-operation throughout the years. Our values are practical, compassionate, community-driven and absolutely grounded in the principle of sharing power and wealth, in the knowledge that if we can share power and wealth in the organisations that we create, we can rebuild trust and confidence in democracy and rebuild and restore confidence in our communities as well. If someone has a stake in a place or an organisation, that makes a difference to how they feel, and to the strength of that organisation and its ability to make a difference. My constituency is home to Nationwide, John Lewis and more co-ops than I can count. I wish to talk about two particular sectors, housing and energy, and about what more the Government can do to support them. On the housing sector, we know that communities can identify opportunities for genuinely affordable homes in the new homes coming forward. I welcome the work that community and co-operative housing organisations do to bring forward new homes. We should also recognise the importance of having communities involved in the governance of small and medium-sized housing associations, and celebrate the £20 million that the Government have put into co-operative housing and the small sites aggregator, which will make such a big difference to increasing the size of co-operative housing in this country. On the energy sector, I am proud to have the Aldgate community energy scheme and the Ebury Edge energy garden in my constituency. They bring people together and make sure that they all share in the benefits of renewable energy. We should celebrate the investment that GB Energy is determined to put into community energy schemes and make sure we do everything we can, practically, to deliver more of them. We should also talk about the finance needed, the access to capital and the changes the Government can make to help us grow the sector. I know how determined the Government are to double the size of the sector. As a member of the Treasury Committee, I had the chance to speak to Treasury officials about the Treasury’s role in that. It is brilliant that we now have a Mutual and Co-operative Sector Business Council—it is a great step—but there are further practical steps we should consider to increase the benefits of co-ops. Can the British Business Bank’s ENABLE scheme extend to co-ops? What more can the Government do to support co-operative development agencies in every community across the country? I look forward to the Minister’s response on those topics, and I am grateful for this chance—in the International Year of Cooperatives —to discuss this issue with all the co-operators here today.