ISHERWOOD: MASSIVE UK GOVERNMENT INVESTMENT IN WELSH CREDIT UNIONS PDF Print E-mail
Thursday, 12 July 2012 12:25

 

 

NORTH Wales Assembly Member, Mark Isherwood, has called for a Welsh Government Statement on the Welsh Government’s engagement with the UK Government regarding the £38 million investment in Credit Unions which will benefit Credit Unions throughout Wales.

 

Speaking in this week’s Business Statement, he said: “The Association of British Credit Unions Limited has welcomed the announcement that the UK Government is to invest up to £38 million in Credit Unions over the next three years. The Department for Work and Pensions has advised that this £38 million includes Wales and that details of the procurement exercise will follow soon. I understand that some Welsh Credit Unions attended a briefing event with the DWP in Birmingham last year. It would therefore be helpful if this Assembly could learn what engagement the Welsh Government is having with this process, given that it affects Credit Unions in Wales, to ensure effective joint working between the two Governments on this agenda.”

 

 

Finance Minister and Leader of the House, Jane Hutt, replied: “I have to say that we have had no detail from the Department for Work and Pensions in terms of the Credit Union investment. We are proud that we have a very good record of investment in Credit Unions in Wales, which I know is supported across the parties.”

 

 

Promoted by Mark Isherwood AM at National Assembly for Wales, Cardiff Bay, Cardiff, CF99 1NA

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