(5 years, 9 months ago)
Westminster HallWestminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.
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I was laying out the statistics to show the rapidity of the direction of change. On the point made by the hon. Member for Stalybridge and Hyde (Jonathan Reynolds), we must look at alternative provision. I recognise the point made by the hon. Member for Plymouth, Sutton and Devonport (Luke Pollard) about South West Mutual. I will meet Tony Greenham, the executive director of South West Mutual, on 26 February, to discuss regional mutual banking in the era of expansion of alternatives. I will attend the Annual Conference of the Association of British Credit Unions Limited on Saturday 9 March, to look at how to expand the role of credit unions. When I visited Glasgow I met the 1st Class Credit Union and saw its appetite to develop new delivery models. I recognise it is an area we must invest in.
The hon. Member for Plymouth, Sutton and Devonport made the point about learning from overseas; I recognise that is important, too. That is why the Chancellor’s Budget of 29 October included pilots for interest-free loans. We looked at the way credit unions function so they can be given more freedom to develop an alternative presence and range of services. At a micro level, that will sometimes be a relevant alternative to provide for communities in difficulties.
It is really good news that the Minister will meet South West Mutual. It is important that credit unions and new regional co-operative banks are seen not just as a nice periphery exercise in corporate social responsibility, but as a genuine mainstream alternative to financial services, and they need to be structured as such in Government policy.
(6 years, 11 months ago)
Commons ChamberLibraries play an important role in giving everyone opportunities to improve their life chances and achieve their full potential. That is why the Government have established the libraries taskforce and funds under Libraries Deliver to assist in that goal.
The Minister will know from his time as a parliamentary candidate in Plymouth how important libraries are to social mobility in the city. The Conservative council in Plymouth has this year closed six of our libraries—two in the constituency I represent and four in the constituency in which the Minister stood. Will he spread some festive cheer and tell library users in Plymouth that there will be no more library closures in the new year?
What I can say is that Plymouth City Council received £56,000 for cultural learning activities last summer, which saw 5,000 young people visit, and 3,000 were given healthy lunches, involving a collaboration with the Theatre Royal, Music Makers and the National Marine Aquarium, which represents the sort of grown-up thinking about the way libraries act in our constituencies across the country.