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Written question asked by Gareth Thomas (Labour) on Friday, 19 July 2019, in the House of Commons. It was due for an answer on Tuesday, 23 July 2019. It was answered by Nadhim Zahawi (Conservative) on Tuesday, 30 July 2019 on behalf of the Department for Business, Energy and Industrial Strategy.


Department for Business, Energy and Industrial Strategy: Credit Unions

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 9 July 2019 to Question 271325, for what reasons his Department does not offer a payroll deduction service to enable employees to join a credit union; and if he will make a statement.

Answer

The Department for Business, Energy and Industrial Strategy does not currently have the facility to allow staff to join a credit union through payroll deductions. Staff can still make arrangements to contribute to a credit union via direct debit.

The Department is aware that other public sector organisations offer this facility. The Department is looking to continually develop the offer to staff in terms of financial wellbeing, and acknowledge that this could be an option in the future.

If the Department were to pursue this option, then a full and fair procurement exercise would be carried out in line with central guidance.


Secondary information

Type
Written question
Reference
279361
Session
2017-19
Related items
Subjects
Credit unions Payroll deduction scheme Department for Business, Energy and Industrial Strategy
Link
View this Written question on www.parliament.uk