Building Societies: Investment — Written Question

Question

Kirsty Blackman

Scottish National Party — Aberdeen North

To ask the Chancellor of the Exchequer, what assessment she has made of the impact of fully implementing the provisions of the Building Societies Act 1986 (Amendment) Act 2024 via secondary legislation on (a) new lending capacity and (b) economic growth.

Answer

Lucy Rigby

The government is committed to supporting the growth of building societies in line with the manifesto commitment to double the size of the mutual and co-operative sector. As part of this, the government is committed to ensuring that building societies can...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 87751) →