I thank the hon. Gentleman for his intervention. The credit unions facilitated that role for child trust funds, as other Members have mentioned. The scheme was extremely popular in the area that I represent and in Northern Ireland as a whole. The figures that have been released clearly show that.
Parents did channel moneys and savings through for their children, but with respect, I feel that the coalition—our Government—has stopped a worthwhile scheme, which will hurt the pockets of those who need help most. The ripples of that will come through in the next few months.
Savings Accounts and Health in Pregnancy Grant Bill
Proceeding contribution from
Jim Shannon
(Democratic Unionist Party)
in the House of Commons on Tuesday, 26 October 2010.
It occurred during Debate on bills on Savings Accounts and Health in Pregnancy Grant Bill.
Type
Proceeding contribution
Reference
517 c235 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 13:29:08 +0000
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