News

All-Party Parliamentary Group (APPG) for Mutuals to lead mutual sector in responding to Law Commission review of co-op law

Speaking at the FTT Mutuals conference, Gareth Thomas MP today announced that the APPG for Mutuals will spearhead a major campaign to co-ordinate a cross mutual sector response to the Law Commission’s review of the Co-operative and Community Benefit Societies Act...

Co-operatives, Mutuals and Friendly Societies Act 2023

It’s the law! Today we celebrate the completion of the Parliamentary journey for Sir Mark Hendrick MP’s Co-operatives, Mutuals and Friendly Societies Bill (now the Co-operatives Mutuals and Friendly Societies Act 2023). The support from all Parties in both Houses of...

Comment: Let’s find a way to provide long-term sustainable investment for John Lewis before it’s too late

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...

Demutualisation and how to stop it

Demutualisation has ripped through many countries' mutual sectors, as people have sought to cash in on many decades, even centuries, of legacy assets that were built up by generations of members. Yet it has…

The private equity threat to co-operatives and mutuals

As long as legacy assets can be appropriated, co-operative business will remain a target for demutualisation Demutualisation occurs when a co-operative or mutual converts into a proprietary company. The main justification given for demutualisation…

Mutual, fan ownership in football

The European Super League was the inevitable result of government inaction on football club ownership The debacle of the European Super League once again brings to the fore the troubled question of football club…

Potential sale of LV= to Bain Capital

The All-Party Parliamentary Group (APPG) for Mutuals is today [8th February] announcing an inquiry into LV=’s recent decision to sell to Bain Capital. LV=, one of Britain’s biggest financial mutuals, founded in 1843 and trading…

Measuring the Value of Mutuality

As values-based businesses, co-operatives and mutuals need to be able to describe and quantify the benefits that their mutual business structure brings to customers, stakeholders and the wider society. The Australian Business Council of…

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