Mutual Interest, Research Publications
The last ten years have seen a transformation of the UK mutual sector. Download this informative review of Mutuals in the UK.
Mutual Interest, Research Publications
A report published for the Building Societies Association (BSA) reveals a strong case for converting failed banks into mutual organisations and urges the Government to consider seriously returning Northern Rock to the mutual sector.
The report, written by the Centre for Mutual and Employee-owned Business at the University of Oxford, concludes that there are three economic arguments for a mutual sector of critical mass as part of a mixed financial system: bio-diversity, risk appetite and competition.
Mutual Interest
This year’s event was held at the Emirates Stadium, London on Thursday 22 October.
Speakers presentations can be downloaded below:
Mutual Interest
Mutuals are organisations that are owned by, and run for the benefit of, their current and future members.
The economic crisis has shown the fragility of investor owned business, and the importance of the diversity of corporate forms to the British economy. Trust in institutions is at an all time low.
At the same time, Government is increasingly interested in how public services can be more accountable to their users, whilst harnessing a stronger culture of employee engagement.
Co-operative Financial Services have acted to support the launch of the Commission on Ownership to examine the role that ownership plays in our society.
The UK economy – as with most economies in the developed world – is largely driven by businesses that are owned by investors and for many decades, the profit motive has been its driving-force. While this ownership model provides a powerful driver, it also creates a problem. Being effective at delivering private benefit is all very well, but an economy based on the quest for the private benefit of some does not seek the common good of all.
Media reports have shown a recent surge in interest providing public services through mutuals. This article outlines the opportunity for policy makers.
Debates and Questions - News - All Party Parliamentary Groups
Follow the links for media articles of interest about the mutual sector