2,927 words, 15 minutes read time. Mutual societies – organizations owned by their members rather than outside shareholders – are a thriving part of the UK’s economy and community life. As a supporter of mutual ownership, I’m proud to note that the UK is home to thousands of mutual societies across all sectors, from finance … Continue reading
Founded in 1843 as a burial society enabling members to pay as little as a penny per week to cover the costs of their funerals, the Society is wholly owned by its members and has grown into one of the largest insurance businesses in the UK. Its status as a Mutual is now threatened with … Continue reading