Mr. Gareth R. ThomasTo ask the Chancellor of the Exchequer what representations he has received on reform of the regulations governing credit unions; and if he will make a statement. [53777]
§ Ms HewittA number of representations have been received on reforming credit unions, including one from the Association of British Credit Unions. We will shortly be issuing a consultation document containing a package of measures designed to lift some of the restrictions in existing legislation, whilst maintaining the movement's focus on the less well off.