Money Matters: credit unions in Wales, mergers and training in legal structures

David Ainsworth's round-up of what's happening in the finance world

The Welsh Assembly Government has promised to promote membership of credit unions to the 319,000 public sector workers in Wales. Brian Gibbons, minister for social justice and local government in the assembly, said credit unions were a key part of the assembly's financial inclusion strategy.

Social investment fund Breakthrough has launched a survey with private equity firm Permira to find out whether there is an appetite for mergers and acquisitions in the social enterprise sector. Breakthrough, run by social enterprise Can, will look at mergers, joint ventures and franchising.

Social lender the London Rebuilding Society is offering a two-day course on legal structures for third sector organisations. The course, run by consultant Charlie Cattell, will look at cooperatives, community interest companies, industrial and provident societies and companies limited by guarantee. It will take place at the organisation's offices on 11 and 12 November. For more information, visit

- Send your finance news to David.


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