Interesting reports in the Gazette this week as the SRA is finally able to license ABSs. The number of applicants is “over 10”, and guess what? Tesco has not applied. Interesting to see if they will at some point.
The supermarket that we know to have applied is the Coop (though it is obviously much more than that).Saga and the AA have not yet applied. No news of the RAC.
Several solicitors firms,notably Irwin Mitchell, wish to be ABSs as well, presumably to attract outside investment. The Parabis Group is also mentioned.
No doubt further news will trickle out over the 9 months that the SRA expect to take. This though from the organisation that has difficulty renewing in renewing practising certificates.