“Out Of Time” Barclays Backed ABCUL Bid Wins!

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Published by Graham Tomlin for Credit Union Solutions Ltd in Central Government and also in Education, Health, Housing, Local Government, Universal Credit

Yesterday Mark Lyonette from ABCUL announced that their bid to the DWP’s Credit Union Expansion Programme had been the only successful bid scooping all of the £35M of Government funding. Controversially the ABCUL bid should have been ruled out as it was outside of the “strict” deadline set by the DWP whereas the other competing bids were all in on time. A key question remains as to how much influence Barclays will have in ABCUL’s Cornerstone back office for their £...

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