Proceeding contribution from Mark Durkan (Social Democratic & Labour Party) in the House of Commons on Monday, 4 July 2011. It occurred during Debate on bill on Finance (No. 3) Bill.

Finance (No. 3) Bill

The low membership of credit unions in Great Britain has been mentioned. Credit unions in Northern Ireland have a high membership; well over a quarter of the population—in some constituencies the figure is more than 50%—are members of the very well-developed and well-funded credit unions. The credit union movement in Northern Ireland has made it very clear that it expects Parliament to take action against the predatory credit sector. The movement does not expect Parliament just to wave to credit unions; it says, ““Tackle the sharks, don't wave to the dolphins.””

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Type: Proceeding contribution
Reference: 530 c1275
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Disadvantaged Directors Assets Corporation tax Banks Credit Advisory services Capital allowances Income tax Financial services Interest rates Low incomes Pay Nuclear power Loans Money lenders Social Fund Regulation Taxation VAT Tax rates and bands Tax yields
Legislation: Finance (No. 3) Bill 2010-12
Link: View this Proceeding contribution on www.publications.parliament.uk

Finance (No. 3) Bill

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