We are delighted to announce that our private wealth law department has continued to maintain its Band 2 position in the latest edition of Chambers and Partners High Net Worth.
- A bigger role for customer owned business (building societies, credit unions, co-operatives and mutual insurers) to increase corporate diversity and customer choice;
- More employee ownership to share the rewards of work; and
- A partnership between government and the public to increase investment in growing the economy
Published today, the Mutuals Manifesto makes 44 policy recommendations for increasing the contribution of mutual business to growth, prosperity and fairness.
The report, sponsored by Anthony Collins Solicitors, proposes a greater role for customer and employee owned businesses that contribute to managing risk, promote consumer choice and spread wealth more evenly.
It looks at how mutually owned business can play its full part in Britain's future. From being the birthplace of this idea, the UK now lags behind most of our global competitors, where mutuals play a greater role in financial services, business growth and public service provision.
Key recommendations in the manifesto include:
- Reform of mutual banking to increase market share
- Legislation to prevent future demutualisations
- New ‘One Nation Savings Bonds’ to allow citizens to invest in infrastructure
- Boosting employee ownership, including making employee bonuses portable between employers
- An overhaul of legislation and government policy affecting mutuals
Mutuo Managing Partner Peter Hunt said,
‘All of our major economic competitors, from the U.S. through the European Union to East Asia, make better use of mutually owned business to drive economic growth and spread wealth. We know that greater diversity of business types will help to protect our economy from damaging shocks such as the financial crisis, yet the UK still remains fixated on a plc mono-culture.
Where business operates in the interests of customers and employees, it deserves the support of politicians.
There is a positive role for the next Government in ensuring that mutuals can play their full part in our economy and society. This Manifesto provides a roadmap for helping to make this a reality.'
Download the report here: [media type="link" id=548]
The new CHF is set to launch and open for applications with £4 million set to be allocated to community-led housing groups to support an increase the supply of affordable housing in England.
Charities, like other organisations, may be subject to or choose to voluntarily comply with the reporting requirements under the Modern Slavery Act 2015.
The draft regulations making it mandatory for anyone entering a registered care home in England to have been double vaccinated unless they are clinically exempt were made on 22 July 2021.
In the Transforming Public Procurement Green Paper, the Government signalled its desire to increase its control over procurements by all contracting authorities.
The monthly round-up from the Anthony Collins Solicitors charities team.
Legal updates as the UK enters into stage 4 of the roadmap and legal restrictions on face coverings and social distancing are lifted.
The first disability we are going to discuss is diabetes. We begin by discussing the different types of diabetes; their similarities and differences and how we live with the disability within our day.
Tim Coolican and Freya Cassia explore the legal and practical options available to providers if a disappointing result is received following an inspection.
Following the launch of the CQC’s new strategy for how it regulates health and social care, many providers will be keen to know more about how the changes might affect them in the future.
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