Cooperatives

Department for Business, Energy and Industrial Strategy written question – answered on 2nd July 2018.

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Photo of Marion Fellows Marion Fellows SNP Whip, Shadow SNP Spokesperson (Small Business, Enterprise and Innovation)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to support and grow the cooperative sector as part of the Industrial Strategy.

Photo of Marion Fellows Marion Fellows SNP Whip, Shadow SNP Spokesperson (Small Business, Enterprise and Innovation)

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will take steps to expand the role of his Department's Industrial Strategy in supporting and growing the cooperative sector.

Photo of Richard Harrington Richard Harrington Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Government’s ambitious, modern Industrial Strategy sets out a long-term plan to boost the productivity and earning power of people throughout the UK. It sets out how we are building a Britain fit for the future – how we will help businesses create better, higher-paying jobs in every part of the UK with investment in the skills, industries and infrastructure of the future.

The Government fully recognises the social and economic contribution of the co-operative and social enterprise sector and remains receptive to exploring opportunities to help it realise its potential, as we set out recently in our response to the Law Commission’s report on pension funds and social investment.

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