Published by Michele Maatouk on 5th December 2025
(Sharecast News) - City regulators have announced a package of changes aimed at bolstering growth across the mutuals and co-operatives sector after the Labour government promised to double the size of the £223bn industry. Top officials from the Financial Conduct Authority (FCA) and the Bank of England will join the city minister, Lucy Rigby, in Rochdale - the birthplace of the UK's co-operative movement - on Friday to set out plans to streamline regulation, simplify applications and launch a new mutual societies development unit to provide expert advice and support. - Guardian