Fewer building societies expected
Fewer building societies expected
- 1991
- Financial Times 11 December 1991, 10(1) .
Present conditions in the housing market are likely to contribute to a fall in the numbers of building societies, with financial losses and tougher competition leading to mergers and takeovers among the 95 societies, leaving perhaps 30 by the end of the decade.
Present conditions in the housing market are likely to contribute to a fall in the numbers of building societies, with financial losses and tougher competition leading to mergers and takeovers among the 95 societies, leaving perhaps 30 by the end of the decade.