Written Question·Treasury·UIN 122431

Credit Unions: Mergers

Tabled: 19 March 2026
Answered: 25 March 2026

Question

Callum Anderson

LabourBuckingham and Bletchley

To ask the Chancellor of the Exchequer, what estimate she has made of the potential impact of increasing the locality common bond membership cap on the number of credit union mergers.

Answer

Lucy Rigby
The government is a strong supporter of the mutual sector, including credit unions, and is working to support its growth in line with the manifesto commitment to double the size of the co-operative and mutual sector. On 18 March, the government announced ...

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