Societies face conversion moves
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Societies face conversion moves
BRADFORD AND Bingley and Yorkshire building societies are facing campaigns to turn them into banks. The campaign to convert B&B has been launched by Stephen Major, a quantity surveyor from Northern Ireland, who has put forward a resolution in favour of demutualisation and put himself up to join the society's board. Michael Hardern, who failed in a similar bid to convert B&B last year, surfaced again yesterday with a plan to convert Yorkshire Building Society. Yorkshire said it had received formal notification that he plans to put himself forward for election to the board and propose that the society takes immediate steps to convert to a bank.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments