Bank of England and FCA to join city minister in Rochdale amid plans to streamline regulation and expand expert support

City regulators have announced a package of changes aimed at bolstering growth across the mutuals and co-operatives sector after the Labour government promised to double the size of the £223bn industry.

Top officials from the Financial Conduct Authority (FCA) and the Bank of England will join the city minister, Lucy Rigby, in Rochdale – the birthplace of the UK’s co-operative movement – on Friday to set out plans to streamline regulation, simplify applications and launch a new mutual societies development unit to provide expert advice and support.

Bank of England and FCA to join city minister in Rochdale amid plans to streamline regulation and expand expert support

City regulators have announced a package of changes aimed at bolstering growth across the mutuals and co-operatives sector after the Labour government promised to double the size of the £223bn industry.

Top officials from the Financial Conduct Authority (FCA) and the Bank of England will join the city minister, Lucy Rigby, in Rochdale – the birthplace of the UK’s co-operative movement – on Friday to set out plans to streamline regulation, simplify applications and launch a new mutual societies development unit to provide expert advice and support.

Bank of England and FCA to join city minister in Rochdale amid plans to streamline regulation and expand expert support

City regulators have announced a package of changes aimed at bolstering growth across the mutuals and co-operatives sector after the Labour government promised to double the size of the £223bn industry.

Top officials from the Financial Conduct Authority (FCA) and the Bank of England will join the city minister, Lucy Rigby, in Rochdale – the birthplace of the UK’s co-operative movement – on Friday to set out plans to streamline regulation, simplify applications and launch a new mutual societies development unit to provide expert advice and support.