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Category Archives: Co-operative movement
Employee ownership: Turnberry Rug Works
In 2013, the eight staff at Turnberry Rug Works, which was turning over about £450,000 a year, took control of the firm. John McKerchar was drafted in as managing director after the death of the company’s founder, with a remit … Continue reading
Co-operative Councils’ update
A report about co-operative councils on this website recorded that the first one was launched in Lambeth in 2012, in response to the financial challenges from changes in central government funding. The 22 local co-operative authorities are committed to finding … Continue reading
Posted in Co-operative movement, Co-operative News, Democratic participation
Tagged Austerity, Bristol, central government cuts, Co-op Party, Cooperative Councils Innovation Network, Edinburgh, gender pay gap, Glasgow, Greenwich, Lambeth, Living Wage, Local economy, Mayor Marvin Rees, Preston, Public Service Transformation Academy
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Nutclough Housing Co-operative needs new members
In 2002 Zion Housing Co-op purchased the Nutclough Tavern public house in Hebden Bridge (6-8 Keighley Road) which closed in 2001. The name was later changed to Nutclough Housing Co-operative to reflect the location. News of the history of the … Continue reading
Ownership of Bristol-based film company Aardman transferred to its workforce
Visitors to this site sometimes open the worker co-operatives directory which gives a few examples of co-ops financed by employee buyouts. On rare occasions the owner has given the company to its workers, for instance the company now known as … Continue reading
Act on early warning signs of co-operative failure and increase the chance of survival
The international co-operative movement has seen a series of catastrophic failures of large scale co-operatives in recent decades, such as the Saskatchewan Wheat Pool, retail co-ops in Germany, France and Atlantic Canada, banking in Austria and the near meltdown of … Continue reading
The Bank answers questions about its 2017 Values and Ethics Report
An August Save our Bank Facebook entry highlights a new survey from ClientEarth, which says: “The British public said quite clearly they want their banks and pension funds to avoid investments in fossil fuel projects and were surprised to learn that … Continue reading
