New BSA chairman elected

Webster was formerly the BSA deputy chairman and replaces Graham Beale, chief executive of Nationwide Building Society, who has held the post for the past year. Webster says: "I feel extremely proud and privileged to be elected chairman of the BSA and I will be doing everything I can to promote the virtues and values of the mutual sector. "These are tough times for our businesses and for our customers too, but I believe we can look ahead with optimism as the lessons of the last two years have reminded us that big is not necessarily best." He adds: "There is undoubtedly an expanding...