Written Question·Treasury·UIN 43742

Cooperatives and Credit Unions

Tabled: 2 April 2025
Answered: 7 April 2025

Question

Dr Ellie Chowns

Green PartyNorth Herefordshire

To ask the Chancellor of the Exchequer, what assessment she has made of the technical differences between co-operatives and credit unions which justify excluding credit unions from the exemption from audit requirements available to smaller co-operatives u

Answer

Emma Reynolds
The Government recognises the important contribution of co-operatives and mutuals to the economy, serving local communities around the country and ensuring the UK has a diverse business sector with their model of shared ownership. The Government is commit...

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