retailCURe gets regulatory approval

retailCURe gets regulatory approval

Key sponsors and ambassadors, including Theo Paphitis and John Lovering celebrated the milestone at the Manchester Art Gallery

Two years ago, third-sector.co.uk embarked on a journey to support the hard working individuals in retail and related industries, by creating a Credit Union for all involved.

On the 30th of November, Key sponsors and ambassadors, including retailTRUST CEO Richard Boland, retailCURe Chairman John Lovering, CEO Matthew Smith and Rymans Chairman, Theo Paphitis gathered at the Manchester Art Gallery to celebrate the Financial Conduct Authority (FCA) approval of the Credit Union, allowing retailCURe to lend and borrow when it launches in early 2016.

“It’s fantastic news hearing that retailCURe is now approved by the FCA. When the Credit Union launches it will provide a fantastic service and safety net for my employees, allowing them to borrow at affordable rates and save for the future”

Theo Paphitis 

Guests represented a wide range of organistions in the industry including, KPMG, Rymans, Eversheds, JD Sports, Rectella and Griffiths & Armour, who, alongside retailTRUST and retailCURe ambassadors were treated to a three course meal in the surroundings of the Art Gallery, while hearing updates on the progress of retailCURe, and plans to begin providing savings and borrowing services to employees in retail in early/mid 2016.