Lord Martin of Springburn
Main Page: Lord Martin of Springburn (Crossbench - Life peer)Small and Medium-Sized Enterprises
Lord Martin of Springburn Excerpts
Lord Martin of Springburn
My Lords, credit unions in the poorest of our communities have an excellent record of helping redundant workers start up and become self-employed. Will the Government encourage the credit unions in this country?
Lord Marland
The noble Lord makes an excellent point. Of course the credit unions have a vital role to play, as does, funnily enough, anyone who is prepared to extend credit or lend money. As the noble Lord says, they do an incredibly valuable job in the slightly distressed regions.