A Bill to require the Secretary of State to promote membership of a credit union for staff employed by the NHS, other care sector workers, and family members who live in the same household; to facilitate payroll deductions for staff employed by the NHS and other care sector workers who are members of credit unions and to report regularly to Parliament on compliance with these requirements; to place a duty on payday lenders to encourage staff employed by the NHS and other care sector workers to take advice on debt management before acquiring high cost credit; to require the Financial Conduct Authority to report annually on payday lenders’ compliance with this requirement; and for connected purposes.
House of Commons
Gareth ThomasLabour (Co-op)
30 March 2015
May contain errors — check source documents for definitive information.
If passed, the bill would push NHS staff, other care sector workers, and their household members to join a credit union and allow payroll deductions for those members. It would also require payday lenders to encourage debt advice before offering high-cost credit, and it requires regular parliamentary reporting on compliance, with the Financial Conduct Authority publishing annual compliance reports.
The bill is currently at the 2nd reading in the House of Commons. It originated in the Commons and was first read in 2014, with Gareth Thomas as sponsor.
Generated 21 February 2026
19 Nov 2014
This Bill was introduced to Parliament on 19 November 2014 under the Ten Minute Rule.
The 2014-15 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
