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To ask the Chancellor of the Exchequer, if he will take steps to ensure that the Financial Conduct Authority is able to penalise misconduct by officers of friendly societies.

Asked by
Taiwo Owatemi (Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
26 February 2024
Reference
14341
House
House of Commons

To ask the Chancellor of the Exchequer, with reference to the Written Ministerial Statement entitled Law Commission reviews of the Co-operative and Community Benefit Societies Act 2014 and Friendly Societies Act 1992, published on 19 June 2023, whether Commissioners have been appointed to conduct the reviews; what estimate he has...

Asked by
Gareth Thomas (Labour; Co-operative Party)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
6 July 2023
Reference
191994
House
House of Commons
Type
Public acts
Notes
Private Members' Bill (Ballot bill) presented 15 June 2022.
Date
29 June 2023
Reference
CHAP 23 2023; 2023 c. 23

Motion, That this House has considered the role of local authorities in supporting co-operatives and alternative businesses. Agreed to on question.

Lead member
Meg Hillier
Answering member
Dehenna Davison
Department
Department for Levelling Up, Housing and Communities
Type
Debates
Date
20 June 2023
Reference
734 cc284-304WH
House
House of Commons

I beg to move,

That this House has considered the role of local authorities in supporting co-operatives and alternative businesses.

It is a pleasure to serve under your chairmanship, Mr Dowd. I am proud to declare my interest as a Labour and Co-op MP since 2005, and as a member of a...

Member
Meg Hillier (Labour; Co-operative Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc285-7WH
House
House of Commons

First, I commend the hon. Lady for securing this debate. I have apologised to her already and I apologise now to you, Mr Dowd, as I am afraid I cannot stay for the whole debate, because I have another meeting to attend at 3 pm.

I also commend the hon. Lady...

Member
Jim Shannon (Democratic Unionist Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc286-8WH
House
House of Commons

I thank the hon. Gentleman for his kind comments and for that valid point. One of the many advantages of local co-ops is that they and the benefits are owned by the local population, and the profit is redistributed to the very people who helped to generate it. Although I...

Member
Meg Hillier (Labour; Co-operative Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc288-9WH
House
House of Commons

The hon. Lady is making a very important point about what central Government can do. Does she agree that that applies to measures to address food poverty? Co-operatives right across these isles are playing a vital role in ensuring people have affordable food during the cost-of-living crisis.

Member
Chris Stephens (Scottish National Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 c289WH
House
House of Commons

Absolutely. As I have said, co-operatives invest back into their own communities, especially the small local co-ops—not every business does that. It is really important that we recognise what the benefits are. Like other hon. Members, I have community shops in my constituency as well as food banks, in which...

Member
Meg Hillier (Labour; Co-operative Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc289-290WH
House
House of Commons

It is always a pleasure to serve with you in the Chair, Mr Dowd. I congratulate the hon. Member for Hackney South and Shoreditch (Dame Meg Hillier) on securing this important debate. I have been a co-operator for many years, because I believe that the only way to improve the...

Member
Christina Rees (Independent (affiliation))
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc290-4WH
House
House of Commons

It is a pleasure to follow my hon. Friend the Member for Neath (Christina Rees). I also congratulate the hon. Member for Hackney South and Shoreditch (Dame Meg Hillier) on securing this important debate during Co-operatives Fortnight.

The economic system under which we live is creating extreme levels of inequality, poverty,...

Member
Beth Winter (Labour)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc294-6WH
House
House of Commons

It is a pleasure to see you in the Chair, Mr Dowd. I commend the hon. Member for Hackney South and Shoreditch (Dame Meg Hillier) for leading this debate with an excellent speech. I commend the speeches of my good friends, the hon. Members for Neath (Christina Rees) and for...

Member
Chris Stephens (Scottish National Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc296-8WH
House
House of Commons

The hon. Gentleman really is a friend of the workers. What I find so inspiring about this debate—I am sure he will agree—is that Wales, Scotland and England have come together to show the value of co-operation and the amazing impact that co-operatives have across the UK.

Member
Christina Rees (Independent (affiliation))
Type
Proceeding contributions
Date
20 June 2023
Reference
734 c298WH
House
House of Commons

The hon. Lady, too, is a friend of the workers. In fact, I once said that to her when she was in your very spot, Mr Dowd, in a debate on workers’ rights. She is correct that the co-operative movement, which is doing a vital job, needs to grow in...

Member
Chris Stephens (Scottish National Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc298-9WH
House
House of Commons

It is a pleasure to serve under your chairship, Mr Dowd. I refer colleagues to my entry in the Register of Members’ Financial Interests, as I am a Labour and Co-op Member of Parliament and because my wife is the assistant general secretary of the Co-operative party.

I commend my hon....

Member
Alex Norris (Labour; Co-operative Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc299-302WH
House
House of Commons

It is a pleasure to serve under your chairmanship for what I think is the first time, Mr Dowd—what a very sound time it is. First, I congratulate the hon. Member for Hackney South and Shoreditch (Dame Meg Hillier) on securing this incredibly important debate. We in Government share her...

Member
Dehenna Davison (Conservative)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 cc301-4WH
House
House of Commons

I thank all hon. Members who have contributed. The House has heard the passion that we all have for co-ops and how they can invest wealth back into the communities that generate that wealth, as well as the vital role of local authorities in championing that in their areas. We...

Member
Meg Hillier (Labour; Co-operative Party)
Type
Proceeding contributions
Date
20 June 2023
Reference
734 c304WH
House
House of Commons

My honourable friend the Economic Secretary to the Treasury (Andrew Griffith) has made the following Written Ministerial Statement.

The Government recognises that co-operatives and friendly societies make an important contribution to the growth and diversity of the economy, supporting competition across all sectors of the economy and providing products in the...

Member
Baroness Penn (Conservative)
Department
Treasury
Type
Written statements
Date
19 June 2023
Reference
HLWS847
House
House of Lords

The Government recognises that co-operatives and friendly societies make an important contribution to the growth and diversity of the economy, supporting competition across all sectors of the economy and providing products in the interests of consumers and businesses across the UK.

HM Treasury will therefore be commissioning the Law Commission, an...

Member
Andrew Griffith (Conservative)
Department
Treasury
Type
Written statements
Date
19 June 2023
Reference
HCWS862
House
House of Commons

Lords third reading. Bill passed.

Lead member
Lord Kennedy of Southwark
Answering member
Baroness Penn
Department
Treasury
Type
Debates on bills
Date
16 June 2023
Reference
830 cc2198-2200
House
House of Lords