Debt and Pensions Advice

Part of the debate – in the House of Lords at 3:04 pm on 15 October 2007.

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Photo of The Bishop of Coventry The Bishop of Coventry Bishop 3:04, 15 October 2007

My Lords, perhaps I can build on that question. Does the Minister agree that credit unions are an excellent way of helping those on low incomes to manage their finances, in contrast to some of the unregulated savings schemes that have proved so disastrous? If he does agree, what steps are the Government taking to help the spread of credit unions?