Written Question·Treasury·UIN 93410

Mutual Societies

Tabled: 21 November 2025
Answered: 1 December 2025

Question

Jim McMahon

Labour (Co-op)Oldham West, Chadderton and Royton

To ask the Chancellor of the Exchequer, what steps her Department is taking to help support the growth of the mutual banking and building society sector.

Answer

Lucy Rigby
The government is committed to supporting the growth of building societies and all mutual financial services in line with the manifesto commitment to double the size of the mutual and co-operative sector. HM Treasury has already announced measures to supp...

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