Liverpool Victoria

Treasury written question – answered on 1st July 2021.

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Photo of Gareth Thomas Gareth Thomas Shadow Minister (International Trade)

To ask the Chancellor of the Exchequer, whether his Department holds information relating to the views of the With-Profits Committee of Liverpool Victoria on the proposed demutualisation and sale to Bain Capital; and if he will make a statement.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The Treasury does not hold information relating to the views of the With-Profits Committee of Liverpool Victoria on the proposed demutualisation and sale to Bain Capital.

The assessment of the proposed sale is an ongoing and independent process, overseen and scrutinised by the financial services regulators, and subject to approval by the Courts.

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