About the same in other media
MP calls for Yorkshire Building Society vice-chair to quit over LV= role
Reading now: 314
The vice-chair of Yorkshire Building Society faces calls to resign over her role pushing through the sale of fellow member-owned firm LV= to a US private equity buyer, amid concerns that it could kickstart a wave of demutualisation.
Gareth Thomas, chair of the all-party parliamentary group for mutuals, said there were serious questions over Alison Hutchinson’s position on the board of the building society while pursuing the sale of another big customer-owned firm.
As well as her role as vice-chair of Yorkshire, Hutchinson is a non-executive director on the board of LV=, which has backed the sale of the 178-year-old firm owned by its members to Bain Capital for £530m. The 1.1 million members of the insurer, formerly known as Liverpool
Read more on theguardian.comAbout this in other media
Analyst lists 21 factors calling for Bitcoin price upside — But just 4 bearish signals cointelegraph.com /2 years ago
Gas crisis fuels call for UK to update energy security policy theguardian.com /2 years ago
MPs call for online safety bill overhaul to protect children and penalise tech firms theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
