Oral Answers to Questions Debate
Full Debate: Read Full DebateBob Russell
Main Page: Bob Russell (Liberal Democrat - Colchester)Department Debates - View all Bob Russell's debates with the Department for Work and Pensions
(11 years, 3 months ago)
Commons ChamberOn the implementation of the cap, people have had over a year to work on this, and I know that local authorities are working with them; we keep in constant contact with them. We will have given local authorities more than £380 million in discretionary moneys. It is very clear that if the issue is only the cap, there is no requirement for people to be evicted. This is a reality, and authorities must work with them. The hon. Gentleman needs to talk to his party, because it wants to make the cap worse by regionalising it.
15. What steps he is taking to support credit unions.
I congratulate my hon. Friend, as I always make a point of doing, on his persistence in supporting credit unions. I know that he is a member of his local one, which has about 300 members. I hope that he will welcome the award of a contract for £38 million to the Association of British Credit Unions Limited, which will help 1 million people, and will act as an alternative to loan sharks and payday loans.
I thank my right hon. Friend for that helpful answer. I know that he would like to praise the volunteers at Colchester credit union for all they do. Will he discuss with his ministerial colleagues in the Department for Communities and Local Government and the Department for Education the importance of encouraging all of us, particularly children, to undertake regular saving?
My hon. Friend is right and his campaigns have helped us shape some of our thinking on that. It is worth noting that for the first time financial education will be on the national curriculum, which is extremely important. Through universal credit we are making available a series of financial planning devices and special bank accounts, so we hope this will drive people in the right direction. The crackdown on payday lenders who abuse their position has already started and is yielding real results.