Watchdogs rip up rulebook for building societies in growth boost Banking British building societies are in line for a deregulation boost after UK watchdogs announced a joint raft of initiatives aiming to power up the sector. Mutuals – which, contrary to banks, are owned by their members – are set to land a significant growth tailwind following a fresh report from the Financial Conduct Authority (FCA) [...]
Leeds Building Society sees record number of new members as consumers snap up savings deals banking The building society's total savings balance reached a record of £20.8bn, a 19 per cent jump on its 2022 figure of £17.5 bn.