RE: 5.22% savings rate pulled29 Feb 2024 12:12
The size of the co-op and mutuals sector.
Under a Labour government, there will be a level playing field for low-risk, member-owned organisations that reinvest their profits, say Tulip Siddiq and Joe Fortune
The Labour Party’s financial services review was an important step in outlining Labour’s plan to work hand-in-hand with businesses and the financial services sector to drive economic prosperity.
The review reaffirmed our first priority in government: to provide a secure platform for growth which builds on the strengths of our economy and gives citizens across the UK financial stability.
A key aspect of the review was our commitment, in partnership with the Co-operative Party, to aim to double the size of the co-operative and mutual financial services sector under the next Labour government.
https://www.cityam.com/labour-will-double-the-size-of-the-co-op-and-mutuals-sector-a-b/
DYOR