HC Deb 16 December 2002 vol 396 c600W
Mr. Colman

To ask the Chancellor of the Exchequer what subsidies and grant funding were given to credit unions in(a) England and Wales and (b) the UK (i) by the UK Government and (ii) from European social funds in each year since 1997. [86976]

Ruth Kelly

This information is not readily available. However, research by Liverpool John Moores University in 1999 estimated that total public investment in credit unions in Britain could be in the range of £15–£20 million per annum.

Mr. Colman

To ask the Chancellor of the Exchequer what the annual costs were of regulation of credit unions by(a) the Registrar of Friendly Societies in each year from 1997–2001 and (b) the Financial Services Authority in 2001–02. [86977]

Ruth Kelly

Data has not been collected in a form that details the cost of regulation, specific to credit unions.

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