It is a pleasure to follow my hon. Friend the Member for Stoke-on-Trent Central (Jo Gideon). I join her in congratulating the hon. Member for Preston (Sir Mark Hendrick) on bringing forward this important Bill, piloting it through its stages so far and, indeed, securing the important cross-party support that he has secured for this Bill. Co-operatives play a vibrant part in our economy, as others have said. They bring greater choice to consumers and greater choice to people who need the goods and services that they put together. I hope I maintain the spirit of cross-party support for the Bill when I say that the co-operative movement is part of a vibrant free market economy in the United Kingdom, and we should celebrate that.
As my hon. Friend the Member for Aylesbury (Rob Butler), my constituency neighbour, commented, the more we can drive the ability for co-operatives to compete with their commercial counterparts, the stronger our economy overall can become. I particularly endorse the point he made about the importance of this being an opt-in Bill. It is not the state dictating or this House setting out a “how it must be” clause for co-operatives, friendly societies and so on to operate; it is something about which those organisations must make an active choice for themselves.
To go to the heart of the Bill—this is why I believe it to be an important Bill that, as the hon. Member for Preston said, brings the legislation up to date and moves the sector forward from its legislative origins all those decades, if not centuries, ago—the very hub or core of the co-operative movement is about people doing something because they want to create a better society, a legacy and, indeed, something lasting. When organisations fail or are forced into some form of closure we can see that that legacy can be lost all to easily if there is no protection around the assets. That is why I believe it to be so important, and as my hon. Friend the Member for Aylesbury indicated, this is no small undertaking. The helpful House of Commons Library paper on this details how 7,200 co-operatives were employing 250,000 people across this country. That is no small thing; that is a significant part of our economy, stretching across 14 million members. My hon. Friend mentioned the Hughenden valley community shop in his remarks, and that is a wonderful example from Buckinghamshire. A simple search of the Co-operatives UK website indicates just how far reaching co-operatives, mutuals, and friendly societies are in my constituency.
The Buckinghamshire Community Energy company works across the whole county. It is registered in my hon. Friend’s constituency at Stoke Mandeville, but it
enables schools, public buildings, and businesses across the county of Buckinghamshire to cut their carbon emissions. The wonderful Brill Village Community Herd, and the 335 square miles of the Buckinghamshire constituency that I am fortunate enough to represent, is without question the most beautiful part of the United Kingdom. Indeed, Brill common, which the Brill Village Community Herd serves, is among the top most picturesque parts on top of that. The work it does is so important to maintain not just the village of Brill, but the picturesque countryside, nature, and biodiversity of Buckinghamshire.
The Buckingham Rugby Union football club exists on this model—an important community asset. I was lucky enough to speak at its President’s Lunch the other week. Buckingham has had a poor season so far and they have not yet won a match. They were playing a team from the constituency of my right hon. Friend the Member for Stratford-on-Avon (Nadhim Zahawi), but unfortunately there were no careless mistakes in the match, which led to Buckingham losing again. Nevertheless, it is an important asset. We have the Cuddington Allotment Society, the Kimble Allotment Society, Long Crendon Community Social Club, the North Marston community shop, Ickford village association shop—so many organisations, including Westbury community shop and café, Wing Allotment 1972 Society, the Royal British Legion, Winslow Rugby Union Football club, and Twyford village stores.