The hon. Gentleman is right to refer to localism. A network that already exists in Wales, based on the Irish model, is the credit union network. Credit unions offer personal finance opportunities, and because of the safety mechanism that they represent, they are growing during the recession. Does the hon. Gentleman welcome that, and does he believe that the Welsh Assembly Government and others should do more to promote credit unions?
Welsh Affairs
Proceeding contribution from
Albert Owen
(Labour)
in the House of Commons on Thursday, 26 February 2009.
It occurred during Debate on Welsh Affairs.
Type
Proceeding contribution
Reference
488 c443 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-04-21 09:48:29 +0100
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