The Cumberland Joins Bank of England Unit to Support Future Growth Plans

The Cumberland joins Bank of England unit to support future growth plans

A building society has joined the Bank of England’s Scale Up Unit to support its long-term growth plans.

Six building societies sign up to FCA and PRA scale-up unit

Six building societies will join the second wave of the Financial Conduct Authority and Prudential Regulation Authority’s scale-up unit. The scale-up unit launched in October 2025 and helps fast-growing financial services firms better handle regulation during phases of fast expansion. Cumberland Building Society, Leek Building…

Bank with ambition: LHV Bank joins PRA and FCA Scale-up Unit to accelerate UK growth

FCA and PRA accept nine more firms into Scale-up Unit

Chetwood Bank, Cynergy Bank and LHV Bank joined alongside Cumberland Building Society, Leek Building Society, Market Harborough Building Society, Newcastle Building Society, Principality Building Society and West Bromwich Building Society.