My hon. Friend makes an excellent point and encourages me to wrap up my philosophising. He is right—I am not at all anti-profit; it is about what is done with the profit. One of the geniuses of mutuality is that the profit is recycled back in to pursue the interests of those who put in the capital in the first place.
Building Societies Act 1986 (Amendment) Bill
Proceeding contribution from
George Freeman
(Conservative)
in the House of Commons on Friday, 19 January 2024.
It occurred during Debate on bills on Building Societies Act 1986 (Amendment) Bill.
Type
Proceeding contribution
Reference
743 c1141
Session
2023-24
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2024-01-22 09:37:54 +0000
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