Written question asked by Gareth Thomas (Labour) on Tuesday, 20 October 2020, in the House of Commons. It was due for an answer on Thursday, 22 October 2020. It was answered by Lord Hart of Tenby (Conservative) on Monday, 26 October 2020 on behalf of the Wales Office.
Credit Unions: Wales
- Question
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To ask the Secretary of State for Wales, if he will hold discussions with the Welsh Government on encouraging employers in Wales to offer payroll deductions to enable employees to join a credit union; and if he will make a statement.
- Answer
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Credit unions play a vital role in the financial wellbeing of their communities, providing an ethical home for their members’ savings, and affordable loans to those who may otherwise have to resort to high-cost lenders. The Government is committed to seeing a strong and resilient credit union sector. That is why the Chancellor announced at Budget 2020 that the Government will bring forward legislation to enable credit unions to offer a wider range of products and services.
The Parliamentary Under-Secretary of State for Wales and I have frequent discussions with the Welsh Government and other UK Government Departments on a wide range of issues, including how best to support households with the cost of living.
Secondary information
- Type
- Written question
- Reference
- 106215
- Session
- 2019-21
- Subjects
- Credit unions Wales Payroll deduction scheme
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2020-10-27 07:46:09 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2019-21/106215
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2019-21/106215
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2019-21/106215