UK Parliament / Open data

Financial Services: Mansion House Speech

As a long-term member of the NHS Scotland credit union, I know the importance of having community and workplace-based savings and lending provision,

which is much more accessible for people on low incomes than buy now, pay later. However, it has become much more challenging for the sector to operate beyond the common bond. What is the Minister doing to ensure that credit unions are able not only to compete with the wider financial sector, but to thrive in those circumstances?

Type
Proceeding contribution
Reference
757 c67 
Session
2024-25
Chamber / Committee
House of Commons chamber
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