Written Question·Treasury·UIN 81425

Mutual Societies

Tabled: 13 October 2025

Answered: 17 October 2025

Question

Emma Foody

Labour (Co-op) — Cramlington and Killingworth

To ask the Chancellor of the Exchequer, when she expects the (a) Financial Conduct Authority and (b) Prudential Regulation Authority to report to Parliament on mutuals.

Answer

Lucy Rigby

In line with the government’s manifesto commitment to double the size of the co-operative and mutuals sector, the Chancellor announced measures to support the sector at Mansion House 2024. This included continuing funding for the Law Commission’s independ...

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