Oral Answers to Questions

Debate between Richard Graham and Caroline Spelman

Thursday 4th February 2016 Commons Chamber

[Mrs Spelman]

I hope I can reassure my hon. Friend on this, because as recently as Tuesday night in this House we passed the obscurely titled Diocesan Stipends Fund (Amendment) Measure. That Church Measure—it originated from the diocese of Lincoln, which covers his constituency—should enable his diocese to invest in the training of more clergy by releasing money from the funds for that purpose.

[Richard Graham (Gloucester) (Con)]

7. What support the Church of England provides to local credit unions.

[Mrs Spelman]

Churches and dioceses across the country have responded enthusiastically and creatively to the Archbishop of Canterbury’s call to support credit unions and community finance, often building on pre-existing initiatives and helping to build financial resilience in communities. The diocese of Gloucester has recently part-funded the appointment of a credit union development worker for Gloucestershire Credit Union and established collection points in local churches.

[Richard Graham]

The diocese of Gloucester has shown real commitment to breathing new life into Gloucester Credit Union; I should declare an interest as a long-standing member. However, we need to do much more to reach effectively those who are most vulnerable to loan sharks. Can my right hon. Friend assure me that, while the Church of England builds and promotes its own new credit union, that will not distract from the important work it does in supporting existing local credit unions?

[Mrs Spelman]

I absolutely give my hon. Friend that assurance. Every Member of this House would recognise the importance of credit unions at the local level, but that goes hand in hand with, and does not detract from, the Archbishop’s task group on responsible credit savings, which has sought to harness the Church’s national and grassroots resources in support of developing a stronger community of finance.