Written Question·Treasury·UIN 24061
Credit Unions
Tabled: 29 April 2024
Answered: 8 May 2024
Question
Justin Madders
Labour — Ellesmere Port and Bromborough
To ask the Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the reduction in numbers of credit unions.
Answer
The Government is a strong supporter of credit unions, recognising the vital role they play in local communities throughout the country. Through the Financial Services and Markets Act 2023, the Government allowed credit unions in Great Britain to offer a ...
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