Category Archives: Co-operative Group

The Fig Tree has become a co-operative

o Bruce Crowther began campaigning for Oxfam in 1984 in his spare time. He worked as a vet and persuaded residents and local businesses in Garstang, a small market town, to make a commitment to Fairtrade. Garstang declared itself the … Continue reading

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Next move: will worker co-operatives help the Co-operative Group to learn how to operate democratically?

After contacting the worker co-operatives to update the directory, Mary Holmes wrote: “In a world awash with lyrical mission statements about ‘excellence’, ‘service’ and ‘ethical dimensions’ worker co-ops actually have their values at the centre of the business not just … Continue reading

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News received about East of England and Midcounties co-operatives

In a recent post we quoted MEP Molly Scott Cato: “The Co-operative shops have not been as successful in(sourcing locally) as I would like because of their centralised distribution system, but my own Midcounties Co-op has been building up its … Continue reading

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Could this MEP’s co-operative vision mitigate one of the Group’s most serious mistakes: the sale of its farms?

In 2014 the Co-operative Group sold its ‘strong and successful’16,000ha farms (£7m profit during the last year) for a mere £249m to the Wellcome Trust. Danny Truell, chief investment officer of the trust said, “The trust’s philosophy is to provide … Continue reading

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The  sale of the Co-operative Bank

News of the sale of the Co-operative Bank was a shock to its customers. In the Guardian Patrick Collinson, ‘money editor’, summarised the situation: the Co-op Bank is the only UK high street bank with a customer-led ethical policy, covering … Continue reading

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Business Desk reports on Richard Pennycook’s CBI address

The Co-operative Group has 2,800 local, convenience and medium-sized stores and other businesses: the UK’s number one funeral services provider, a major general insurer and a developing legal services business. It also has a minority shareholding in The Co-operative Bank … Continue reading

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Investment boutique Rothschild advises Co-op Group, Members Council ‘toothless’

In August some disturbing news was published in the Letters columns of the Co-operative News. The first letter, from Robert Jones of Chelmsford, deplored a lack of co-operation leading to competition between co-operatives; the second came from John Macbeth, Stoke-on-Trent … Continue reading

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