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1563075

registered interest
date	19/12/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cooperatives
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps he is taking to increase co-operative and employee ownership of business.
tabling member constituency	Birmingham, Edgbaston
tabling member printed	Preet Kaur Gill
uin	113346
answer	answer is ministerial correction date of answer 09/01/2023 answer text <p>The Government is committed to having a thriving co-operatives sector and creating a modern and supportive business environment in the UK. The Government acknowledges the vital contribution co-operatives make to the economy, serving local communities up and down the UK. For instance, the Co-op Economy Report 2021 conducted by the trade body Co-operatives UK found that co-operatives contributed £39.7 billion to the UK economy in 2021, up £1.1 billion from 2020.</p><p> </p><p> </p><p>At Budget 2021, the Government announced the £150m Community Ownership Fund. This allows community groups to bid for up to £250,000 matched-funding to help them buy or take over local community assets at risk of being lost and run them as community-owned businesses, supporting co-operative entrepreneurship. To date, 71 projects across the UK have benefitted from the fund.</p><p><em> </em></p><p>Most recently, the Government is supporting a Private Members' Bill on Co-operatives, Mutual Insurers, and Friendly Societies, which will grant HM Treasury the power to bring forward regulations to give those mutuals further flexibility in determining for themselves the best strategies for their business regarding their surplus capital.</p><p> </p><p>Furthermore, the Government also aims to continue to develop a modern and supportive business environment to set co-operatives and mutuals up for success. As part of this, the Government is currently exploring options for reviewing key pieces of legislation underpinning the co-operatives and mutuals sectors.</p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith grouped question UIN 113344 113345 question first answered 09/01/2023 14:06:09 answering member 4874 label Biography information for Andrew Griffith
tabling member	4603 label Biography information for Preet Kaur Gill

1487092

registered interest
date	06/07/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Cooperatives
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he is taking steps to build confidence in cooperative businesses.
tabling member constituency	York Central
tabling member printed	Rachael Maskell
uin	31871
answer	answer is ministerial correction date of answer 14/07/2022 answer text <p>Government supports all small businesses, who will benefit from the £15 billion of targeted government support to help with the rising cost of living. Government has cut fuel duty for 12 months, raised the Employment Allowance to £5,000, and is zero-rating VAT on energy-saving materials.</p><p> </p><p>Additionally, Help to Grow programmes will enable eligible SMEs to mitigate the effects of rising costs by providing financial discounts on approved digital technologies up to a value of £5000.</p><p> </p><p>Our network of 38 Growth Hubs across England provides SMEs access to information and advice. Additionally, advisers at the government’s Business Support Helpline (England) can provide free support and guidance about local and national business support offers.</p> answering member constituency Loughborough answering member printed Jane Hunt question first answered 14/07/2022 15:59:17 answering member 4839 label Biography information for Jane Hunt
tabling member	4471 label Biography information for Rachael Maskell

1455116

registered interest
date	28/03/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cooperatives
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the cooperative sector's contribution to the economy.
tabling member constituency	Oldham West and Royton
tabling member printed	Jim McMahon
uin	148317
answer	answer is ministerial correction date of answer 04/04/2022 answer text <p>The Government recognises the value of co-operatives. It is clear they offer a different way of running a business, supporting the needs of their members and their local communities.</p><p> </p><p>Co-operatives UK, the UK’s largest industry body for co-operatives, publishes a report each year about the scale of the sector. Their 2021 report, published in December, noted that there were over 7,200 co-ops employing over 250,000 people, with a combined turnover of £39.7 billion.</p> answering member constituency Salisbury answering member printed John Glen question first answered 04/04/2022 13:40:25 answering member 4051 label Biography information for John Glen
tabling member	4569 label Biography information for Jim McMahon

1191221

registered interest
date	28/04/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cooperatives
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to protect the long-term help of cooperative businesses.
tabling member constituency	Leeds North West
tabling member printed	Alex Sobel
uin	41166
answer	answer is ministerial correction date of answer 11/05/2020 answer text <p>The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.</p><p> </p><p>This package includes a £10,000 cash grant to our smallest businesses, delivered by local authorities. Small businesses, including co-operatives, that pay little or no business rates and are eligible for small business rate relief or rural rate relief will be contacted by their local authority. Additional support has been made available for retail, hospitality and leisure businesses, including co-operatives.</p><p> </p><p>The package also includes the Coronavirus Business Interruption Loan Scheme (CBILS), under which viable businesses with a turnover of less than £45m are eligible to apply for a loan of up to £5m. Government will provide an 80% guarantee on each of these loans, and cover the first 12 months interest payments and any fees. On 27 April, the Chancellor also announced the Bounce Back Loans Scheme (BBLS), which ensures that the smallest businesses can access up to £50,000 loans in a matter of just days. The Government will provide lenders with a 100% guarantee on each loan, to give lenders the confidence they need to support the smallest businesses in the country. The Government will also cover the first 12 months interest payments and any fees, and no businesses will be required to make repayments until the initial 12-month period has ended. Co-operatives are eligible for CBILS and will be eligible for the BBLS, when it launches on 4 May, subject to the wider eligibility requirements for these schemes.</p><p> </p><p>On 20 March, the Government announced the unprecedented Coronavirus Job Retention Scheme to help firms keep millions of people in employment. All UK employers can apply for a grant that covers 80% of furloughed employees’ usual monthly wage costs, up to £2500 a month, plus the associated Employer National Insurance contributions and pension contributions.</p><p> </p><p>The Government recognises the value of co-operatives, and officials will continue to engage with sector representatives to understand the impact of the disruption caused by COVID-19.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 41161 41162 41163 question first answered 11/05/2020 11:35:29 answering member 4051 label Biography information for John Glen
tabling member	4658 label Biography information for Alex Sobel

1177113

registered interest
date	07/02/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cooperatives
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what support they provide to help individuals to establish cooperative businesses.
tabling member printed	Lord Kennedy of Southwark
uin	HL1438
answer	answer is ministerial correction date of answer 21/02/2020 answer text <p>In 2014 the Government passed the Co-operative and Community Benefit Societies Act, to reduce legal complexity for co-operatives and community benefit societies, and increased the amount of share capital an individual member can put into a cooperative society to £100,000.</p><p> </p><p>Co-operatives UK’s ’Co-op Economy’ report has found that annual turnover for co-operative and mutual businesses across the UK has grown year on year, reaching a record high of £37.7 billion in 2019.</p> answering member printed Lord Agnew of Oulton question first answered 21/02/2020 13:12:34 answering member 4689 label Biography information for Lord Agnew of Oulton
tabling member	4153 label Biography information for Lord Kennedy of Southwark

1177114

registered interest
date	07/02/2020
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Cooperatives
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what support they provide to individuals and communities to establish cooperative community facilities.
tabling member printed	Lord Kennedy of Southwark
uin	HL1439
answer	answer is ministerial correction date of answer 25/02/2020 answer text <p>The Government continues to recognise the importance of community involvement in the ownership and management of local facilities and supports several approaches to achieving this outcome. The £4 million More Than a Pub programme, jointly funded with Power to Change championed the cooperative model of community ownership and has supported 42 groups to achieve ownership of their local pub in England between March 2016 and March 2019. Since 2015, the Government has also provided £6 million funding through its Pocket Parks programme to support 350 partnerships between community-led organisations and their local authority to create useable green space community facilities. Community groups can also access the support and advice they need to take action in their neighbourhood through visiting online resources such as My Community. We are currently exploring the manifesto commitment for a £150 million Community Ownership Fund which will support people who want to protect and bring local assets into community ownership.</p> answering member printed Baroness Bloomfield of Hinton Waldrist question first answered 25/02/2020 14:32:23 answering member 4582 label Biography information for Baroness Bloomfield of Hinton Waldrist
tabling member	4153 label Biography information for Lord Kennedy of Southwark

973435

registered interest
date	13/09/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Cooperatives
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what steps they are taking to increase the number of co-operative companies and institutes in the UK.
tabling member printed	Lord Kennedy of Southwark
uin	HL10361
answer	answer is ministerial correction date of answer 19/09/2018 answer text <p>This Government recognises the value of co-operatives and other mutually owned businesses. The Government’s policy is to maintain a level playing field between co-operatives and other legal forms.</p><p> </p><p>In 2014, the coalition government introduced a number of measures to support the co-operative sector, including consolidating all the existing laws, to make it easier for societies to understand and apply the legislative framework and the rules governing them. The coalition government also simplified the electronic registration process to help new societies start up.</p><p> </p><p>In February 2018 the Government brought forward a measure to bring audit requirements for small co-operatives into line with those for small companies. This measure came into force on 6 April, and will save growing societies thousands of pounds in auditors’ fees that companies of the same size do not have to pay.</p><p><strong> </strong></p> answering member printed Lord Bates question first answered 19/09/2018 11:24:25 answering member 1091 label Biography information for Lord Bates
tabling member	4153 label Biography information for Lord Kennedy of Southwark

973436

registered interest
date	13/09/2018
answering body	Department for Exiting the European Union
answering dept id	203
answering dept short name	Exiting the European Union
answering dept sort name	Exiting the European Union
hansard heading	Cooperatives
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the effect of Brexit on co-operative institutions and companies that have members in a number of EU member states including the UK; and whether this issue is being considered as part of the Brexit negotiations.
tabling member printed	Lord Kennedy of Southwark
uin	HL10362
answer	answer is ministerial correction date of answer 09/10/2018 answer text <p>The Government is negotiating for a future relationship with the European Union that works for all types of business in the UK and ministers from across the Government have carried out extensive engagement with businesses and industry bodies from all sectors of the economy regarding our exit from the EU.</p><p>As noted in the Government’s recent White Paper on the UK’s future relationship with the EU, the UK is an outward-facing, trading nation.</p><p>As such, there are no nationality restrictions on who can be a member of a co-operative institution or company under the Co-operative and Community Benefit Societies Act 2014 or any other UK legislation, and there are no plans for this to change after we leave the EU.</p><p><strong><strong></strong><br></strong></p> answering member printed Lord Callanan question first answered 09/10/2018 15:50:45 answering member 4336 label Biography information for Lord Callanan
tabling member	4153 label Biography information for Lord Kennedy of Southwark

731479

registered interest
date	21/06/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Cooperatives
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what discussions he has had with his European counterparts on measures aimed at supporting the growth of the co-operative sector.
tabling member constituency	Plymouth, Sutton and Devonport
tabling member printed	Luke Pollard
uin	117
answer	answer is ministerial correction date of answer 30/06/2017 answer text <p>The Government is strongly supportive of both the co-operative and social enterprise sectors. The Government supports social enterprises in various ways, including championing procurement for social value. At Spring Budget 2017, the Government also announced that the thresholds at which co-operatives will have to conduct a full audit will increase in line with those for companies. This will allow co-operatives to use more of their resources to benefit their members. The Government will continue to explore further ways to support the sector.</p><p> </p><p>Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at: <a href="https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel" target="_blank">https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel</a>.</p> answering member constituency North East Cambridgeshire answering member printed Stephen Barclay grouped question UIN 116 1202 question first answered 30/06/2017 11:24:32 answering member 4095 label Biography information for Steve Barclay
tabling member	4682 label Biography information for Luke Pollard

637239

registered interest
date	15/11/2016
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Cooperatives
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what support his Department makes available for the establishment of new cooperatives in the UK.
tabling member constituency	Oldham West and Royton
tabling member printed	Jim McMahon
uin	53104
answer	answer is ministerial correction date of answer 21/11/2016 answer text <p>The Department supports the establishment of all businesses including cooperatives. Support for people wanting to start or grow their business is available from our Business Support Helpline, while 39 growth hubs in England bring together local business support so that local people can access it easily. British Business Bank programmes are improving access to finance, including Start-Up Loans which provide start up finance and business advice.</p><p> </p> answering member constituency Stourbridge answering member printed Margot James question first answered 21/11/2016 10:54:37 answering member 4115 label Biography information for Margot James
tabling member	4569 label Biography information for Jim McMahon