AFM RESPONDS TO CHANCELLOR’S MANSION HOUSE SPEECH

AFM RESPONDS TO CHANCELLOR’S MANSION HOUSE SPEECH

AFM responds to chancellor’s mansion house speech

14 November 2024

Responding to the Chancellor’s Mansion House speech, Andrew Whyte, Chief Executive of the Association of Financial Mutuals, commented:

“The measures the Chancellor has announced in the Mansion House speech to support the growth of the mutual and co-operative economy are important first steps towards achieving the Government’s aspiration of doubling the size of the sector.

“It is great to see the Chancellor’s recognition of the vital and distinctive contribution that mutuals make to inclusive economic growth across the UK. We know that with the right support from Government we can do so much more. By putting our members at the heart of everything we do we offer consumers genuine choice, serve the underserved, build financial resilience and invest in our communities.

“The new Mutuals and Co-operative Council will play a key role, and we look forward to working together to achieve our shared ambitions.”

[ENDS]