Credit Unions — Question

Part of the debate – in the House of Lords at 11:15 am on 16 January 2014.

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Photo of Lord Clarke of Hampstead Lord Clarke of Hampstead Labour 11:15, 16 January 2014

My Lords, the noble Lord, Lord Cormack, asked for enthusiasm from the Government in this regard. Perhaps they could start by the Minister saying to his noble friend who represents the Department for Education, “Let’s have a go at getting schools interested in credit unions”, as the St Albans credit union has done. That body has had great success in getting youngsters into the habit of saving.