On 26th October 2015 the House of Lords debated at Second Reading the Government’s Bank of England and Financial Services Bill. The Bishop of Portsmouth, Rt Rev Christopher Foster, made a short speech welcoming any measure that would promote diversity in the financial services sector, including credit unions.
The Lord Bishop of Portsmouth: My Lords, this Bill offers an important way to confirm the Government’s commitment to promoting real diversity in the financial services sector. I want to make a very brief contribution in support of such diversity. Continue reading “Bishop of Portsmouth asks Government to support credit unions and diversity in financial services sector”

On 26th October 2015 the House of Lords debated a motion to approve the Government’s Tax Credits (Income Thresholds and Determination of Rates) (Amendment) Regulations 2015.


The Lord Bishop of Portsmouth: My Lords, bearing in mind that two-thirds of children who live in poverty are in in-work families, how will the Government monitor the impact of the proposed changes? In particular, will they review the exclusion of income-based measures from the suite of life chances indicators being brought in?
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