Mark Ferguson

Mark Ferguson

Labour — Gateshead Central and Whickham

Speaking in the House of Commons on 21 October 2025

Debate

Co-operative Sector: Government Support

Contribution

That point is very well made, and my hon. Friend is right to be proud of his forebears, who were doughty working-class politicians and representatives of his area, as he is. The Rochdale principles, established by the Rochdale pioneers, have formed the basis of modern ideals for the operation of co-operatives across the globe. The UN General Assembly declared 2025 to be the International Year of Co-operatives, recognising the positive impact that co-operatives have around the world. The Government have made clear their strong commitment to supporting the co-operative sector, and we have already begun to make our commitment a reality. At her Mansion House speech last November, my right hon. Friend the Chancellor of the Exchequer announced measures to support the growth of co-operatives. That included welcoming the establishment of an industry-led mutual and co-operative sector business council, which is already providing a powerful voice for the sector. The Government have been working closely with the council to understand what the sector needs to grow further, and the council has been developing sector growth plans, which we look forward to receiving.

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