Written Question·Treasury·UIN 81239

Mutual Societies

Tabled: 13 October 2025
Answered: 16 October 2025
Named Day

Question

Gareth Thomas

Labour (Co-op)Harrow West

To ask the Chancellor of the Exchequer, what steps her Department plans to take to encourage the growth of (a) building societies and (b) mutual insurers.

Answer

Lucy Rigby
The 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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