Posted on February 24, 2009 by mutualmoney
Back in January we reported that a row had erupted over plans by the Department for Work & Pensions (DWP) to sub-contract social fund and crisis loans to the third sector. While this plan would provide a potentially substantial boost to the Credit Union movement in the UK, there was widespread condemnation that the DWP [...]
Filed under: General | Tagged: ABCUL, Credit Union, credit unions, Crisis Loans, DWP, Growth Fund, James Purnell, Kitty Usher, loans, Social Fund, Social Fund: A New Approach | Leave a Comment »
Posted on February 14, 2009 by mutualmoney
In an interview today with Saturday PM on BBC Radio 4, the Labour MP and senior member of the highly influential Treasury Select Committee, John Mann, has called on Lloyds Banking Group to be nationalised and re-structured.
Mr. Mann said that in the light of the losses (£10Bn) incurred by HBOS, now part of LloydsTSB and [...]
Filed under: General | Tagged: Bank of Scotland, BBC, BBC Radio4, Co-operative Party, conservative party, Halifax, HBOS, John Mann MP, Ken Clarke, Labour, Lloyds Banking Group, LloydsTSB, nationalisation, PM, re-mutalisation, tories, tory | Leave a Comment »
Posted on February 12, 2009 by mutualmoney
Today BBC2’s ‘Working Lunch’ programme featured an interview with Neville Richardson the chief executive of the Britannia Building Society. Mr Richardson discussed a number of issues including the merger plans with The Co-operative Financial Services.
The interview was split into two segments, the second of which concentrated on the current recession and the role the financial [...]
Filed under: General | Tagged: BBC2, Britannia, Britannia Building Society, Co-operative Party, Mutual, Neville Richardson, re-mutualisation, remutualisation, The Co-operative Bank, working lunch | Leave a Comment »
