Mentions:
1: Dehenna Davison (CON - Bishop Auckland) addition to those funds, the Government have supported a private Member’s Bill: the Co-operatives, Mutuals - Speech Link
Jun. 19 2023
Source Page: Part 1 Consultation on draft regulations to implement the Procurement BillFound: awarded via a competitive flexible procedure, where the field of suppliers is limited to public service mutuals
Jun. 19 2023
Source Page: Part 1 Consultation on draft regulations to implement the Procurement BillFound: awarded via a competitive flexible procedure, where the field of suppliers is limited to public service mutuals
Jun. 19 2023
Source Page: Part 1 Consultation on draft regulations to implement the Procurement BillFound: supported employment providers) Does not apply section 33 (reserving contracts to public service mutuals
Mentions:
1: Lord Naseby (CON - Life peer) I recognise that another element sitting on the statute book that complements the Bill is the Mutuals - Speech Link
2: Lord Fox (LDEM - Life peer) It is a passive Bill, and it is no reflection on him but, sadly, it is too late: too many mutuals have - Speech Link
3: Lord Livermore (LAB - Life peer) The Bill will help UK mutuals preserve their legacy assets for the purpose for which they were intended - Speech Link
4: Baroness Penn (CON - Life peer) That is why creating the right legal apparatus in which mutuals can thrive and grow is so important. - Speech Link
Jun. 13 2023
Source Page: HMT ministers' meetings, hospitality, gifts and overseas travel: 1 July to 31 September 2022Found: Group Richard Fuller 2022-07-18 Mutuo Meeting to discuss the Co-operatives, Mutuals
Jun. 06 2023
Source Page: Unleashing rural opportunityFound: like Suffolk and Devon’s library services being spun out from the council and run as public sector mutuals
Asked by: Jonathan Reynolds (Labour (Co-op) - Stalybridge and Hyde)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many officials in his Department work on policies relating to mutual societies.
Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)
The Treasury allocates resources based on the priorities of the department, and officials within the Financial Services Group of HM Treasury provide advice to ministers on issues related to the mutuals sector. Resourcing is kept under regular review to ensure priorities are delivered.
The government recognises the value that mutuals bring to the UK economy. That is why we are taking appropriate steps to ensure that the legislative framework in which mutuals operate under is both a modern and supportive business environment.
As part of the Financial Services and Markets Bill, the Government is amending existing legislation so that credit unions in Great Britain can offer a wider range of products and services. In due course the government will also bring forward legislation to amend the Building Societies Act 1986, which will give building societies further flexibility in raising funds and modernise corporate governance requirements.
In addition, the government is supporting Sir Mark Hendrick’s Private Member’s Bill which would allow co-operatives, mutual insurers, and friendly societies further flexibility in determining for themselves the best strategies for their business, relating to their surplus capital and restrictions on the use of these assets.
Furthermore, the government is in active discussions with the Law Commission on options to proceed with a review of both the Co-operative and Community Benefit Societies Act 2014 and the Friendly Societies Act 1992 with a view to launching the reviews in the next financial year.
Written Evidence May. 24 2023
Inquiry: Cost of living support paymentsFound: We represent and support 36 housing associations and community mutuals.