Written Question·Department for Business and Trade·UIN 49782
Credit Unions: Finance
Tabled: 1 May 2025
Answered: 20 May 2025
Question
Jo Platt
Labour (Co-op) — Leigh and Atherton
To ask the Secretary of State for Business and Trade, if he will request that the British Business Bank make an assessment of the potential merits of support for a central finance facility for credit unions.
Answer
Gareth ThomasCredit Unions offer vital support, advice, and affordable finance to members. While there are no immediate plans for a central finance facility for Credit Unions, the government is committed to supporting underserved communities in all the nations and reg...
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