Written Question·Treasury·UIN 120635

Credit Unions: Reform

Tabled: 13 March 2026
Answered: 19 March 2026
Named Day

Question

Mary Kelly Foy

LabourCity of Durham

To ask the Chancellor of the Exchequer, what progress her Department has made on reform of the credit union common bond.

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 sector.On 18 March, the government announced plans to reform the credi...

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