Welsh Affairs

Part of Business of the House – in the House of Commons at 4:05 pm on 26th February 2009.

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Photo of Albert Owen Albert Owen Labour, Ynys Môn 4:05 pm, 26th February 2009

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?

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