Written Question·Treasury·UIN 81238
Mutual Societies
Tabled: 13 October 2025
Answered: 16 October 2025
Named DayQuestion
Gareth Thomas
Labour (Co-op) — Harrow West
To ask the Chancellor of the Exchequer, what steps her Department has taken with (a) building societies, (b) friendly societies and (c) mutual insurers to grow the size of the mutual sector.
Answer
Lucy RigbyThe government is committed to supporting the growth of financial mutuals in line with the manifesto commitment to double the size of the mutual and co-operative sector. HM Treasury has already announced measures to support financial mutuals and is curren...
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