Cooperatives: Government Assistance

The Government recognises the contribution co-operatives make to local communities, to a diverse business sector and a resilient UK economy. In line with the manifesto commitment to double the size of the mutual and co-operative sector, HM Treasury is taking steps to support growth of the sector nationwide.

This includes funding the Law Commission’s independent review of the Co-operative and Community Benefit Societies Act 2014, which is exploring options to modernise and update the legislative framework. The review is expected to report in 2026 and the Government will carefully consider its findings before responding.

At Mansion House 2024 the Chancellor set out a package of measures to support the growth of the mutual and co-operative sector. This included welcoming the establishment of the industry-led Mutuals and Co-operative Business Council and asking the PRA and FCA to produce a report on the mutuals landscape. These reports were published in December 2025, and covered co-operatives through the FCA’s role as registering authority.

HM Treasury works with other Government departments on support for co-operatives. This includes on the Department for Business and Trade’s call for evidence on business support for co-operatives, which was launched at Budget 2025 and closed in February 2026. In addition, the Ministry for Housing, Communities, and Local Government has announced the launch of a co-operative development unit as part of its Pride in Place Strategy.

At the Co-op Congress on 12 June, the Government announced its intention to appoint a Mutuals Champion, who will raise the profile of the sector, represent its interests, and strengthen dialogue between the sector and the Government. This will continue to put momentum behind the Government’s agenda to support the growth of the co-operatives and mutuals sector.

Together, these actions will help support the growth of the co-operative sector across the UK.