News
The Mutuals and Co-operative Sector Business Council is today submitting a paper to HM Treasury, outlining six recommendations for expanding the economic contribution of credit unions. The paper follows the Government’s commitment to doubling the size of the mutuals...News
Mutuo Managing Partner Peter Hunt reflects on the relationship between the public and the BBC The public has a curious relationship with the BBC. Obliged to pay for TV licences, every household will contribute £169.50 this year to the running costs of the Corporation,...News
The Chancellor, Rt Hon Rachel Reeves MP, will today announce the formation of a new mutual council made up of some of Britain’s biggest customer and member-owned firms. Under the leadership of the UK’s three largest mutuals, the Co-operative Group, Nationwide Building...News
Nationwide Building Society’s bid for Virgin Money represents a step change for UK mutuals. This is a new, muscular mutuality in action, which is only made possible by the successful stewardship of the building society by its board. The bid for Virgin Money shows that...News
When Dame Sharon White, Chair of John Lewis and Partners, announced an anticipated loss of £230m last week, she also apologised to the employees – known as partners – for not paying the annual profit-sharing bonus. This will only be the second time in seventy years...