Department for Business and Trade: Credit Unions
The question
To ask the Secretary of State for Business and Trade, whether they will require their department and agencies to offer payroll deductions to all employees to enable them to join a credit union.
Answered by Kate Dearden
The Department for Business and Trade offer a variety of financial support to employees. This includes season ticket loans, bicycle advances, rental deposits, house purchase advances (for those relocating and meeting departmental eligibility criteria) and salary advances. In addition, employees can access support for debt management or financial wellbeing through the Employee Assistance Programme.
There are no plans to introduce payroll deductions for Credit Union purposes. The Department for Business and Trade is not able to advise on behalf of other agencies.
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