Mutuo provides secretariat to the All-Party Parliamentary Group for Building Societies and Financial Mutuals.   The Group is committed to supporting mutuality in building societies and financial mutuals. The Group has an active programme and in the last two years has had frontbenchers from the three main political parties address its members.  The Financial Services Authority also comes to speak to the Group regularly.

The Group has undertaken three Short Inquiries. In 2004, the Group carried out a successful Short Inquiry into the contribution mutual businesses make to the economy and society. In 2005, the Group looked at how well consumers had been well served by demutualisation. As a result, a further Inquiry into these questions was undertaken and in March 2006, the Group published its findings in a report entitled ‘Windfalls or Shortfalls? The true cost of demutualisation’.

The APPG's latest Short Inquiry Report

Most recently the Group carried out a Short Inquiry entitled ‘Fostering Diversity: Promoting Mutuals’ which can be viewed here.

Group Joint Chairs:

Jonathan Evans MP (Conservative, Cardiff North)

Baroness Maddock (Liberal Democrat)

Cathy Jamieson MP  (Kilmarnock and Loudoun)

Matthew Ball is Administrative Secretary to the Group. m.ball@mutuo.co.uk

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