CREDIT UNIONS

Early day motion 872, tabled 3 March 1998 by Ian Davidson (Labour/Co-operative). Signed by 206 members.

That this House welcomes the decision of the World Council of Credit Unions to hold its 1998 International Congress in Glasgow on 25th to 28th May; recognises the major contribution which credit unions can make to providing reliable low-cost financial services for many sectors of the population; and calls on the Government to amend the legislation governing credit unions to incorporate the reforms proposed by the Credit Union Movement which has in membership 500 credit unions with 210,000 individual members controlling ú100 million of assets.

Signatures by party: Labour 153, Liberal Democrat 24, Labour/Co-operative 17, Conservative 4, Plaid Cymru 4, Scottish National Party 1, Social Democratic and Labour Party 1, Unknown 1.