Press Releases
ABCUL issues regular press releases on issues relating to credit unions.
Journalists wishing to receive press releases as they are issued should email info@ethos-pr.com.
A selection of our most recent press releases can be accessed via the links below or via the menu on the left of this page.
Expansion report welcomed - ABCUL has welcomed the publication of the report from the Project Steering Committee which has provided recommendations for how the DWP Credit Union Expansion Project can help credit unions to sustainably provide affordable financial services to up to a million more people within five years.
Credit unions welcome Big Society Capital announcement - ABCUL welcomes the Government's launch of Big Society Capital which will, in part, fund organisations, such as credit unions, which extend financial services to those otherwise excluded.
Gordon Brown calls on credit unions to set the agenda - Gordon Brown has praised credit unions for their work to tackle inequality and called on them to set the agenda for the financial system based on the principles of fairness and responsibility.
Credit unions welcome progress on legislation - ABCUL has welcomed steps taken in Parliament this week which will see increased access to safe and ethical financial services in communities and workplaces across the country. A Legislative Reform Order, which will make changes to the Credit Unions Act 1979, was re-laid before Parliament on Tuesday (19 July).
Credit union delight at £73 million Government boost - Mark Lyonette, Chief Executive of ABCUL – the Association of British Credit Unions, has welcomed today’s announcement that the Government is investing up to £73 million in credit unions over the next four years, and that the Post Office could play a central role in delivering credit union services.
Credit unions welcome Post Office plans - ABCUL welcomes the publication of Government plans for the Post Office. The plans outline a commitment to look at expanding links between the Post Office network and credit unions.
Conservative Conference Fringe Meeting - ABCUL held a joint fringe meeting at the Conservative Party Conference which was addressed by the Financial Secretary to the Treasury, Mark Hoban MP, focussing on the role of mutuals in promoting diversity in financial services.
Overdraft charges - ABCUL responds to reports of exorbitant interest charged on unauthorised overdrafts. The Association cites the significantly lower charges associated with the Credit Union Current Account.
All-Party Parliamentary Group on Credit Unions summer reception - Mark Hoban MP, Financial Secretary to the Treasury, addresses the All-Party Parliamentary Group on Credit Unions and affirms the Government's commitment to promoting the growth of credit unions.
High cost credit review - ABCUL responds to the publication of the OFT's High Cost Credit Review.
Legislative Reform - ABCUL welcomes the laying of the Legislative Reform (Industrial and Provident Societies and Credit Unions) Order which is set to transform the legislative regime for credit unions in Britain.
Northern Money Conference - ABCUL welcomes the support of the then Labour Government and Conservative opposition for the role credit unions play in tackling financial exclusion.
