Category Archives: Employee ownership

Failing housing market – a co-operative solution?

Update In June the Co-operative News informed readers that the UK Co-operative Economy 2016 report records – in eye-catching graphics – that around 17.5 million people are now owners of the country’s 7,000 independent co-op organisations – up from 17.4 million … Continue reading

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Labour leader Jeremy Corbyn welcomes profit-sharing and employee-ownership

Prem Sikka, Professor of Accounting at Essex Business School’s Centre for Global Accountability, opened a recent article by reflecting that corporations, such as BHS, are being run entirely in the interests of executives and shareholders, with little concern for anyone else. … Continue reading

Posted in Co-operative movement, Co-operative News, Democratic participation, Employee buyouts, Employee ownership, Worker co-operatives | Tagged , , , , , , | 1 Comment

John McDonnell MP: build an entrepreneurial state at a local level – help to create fairer and more prosperous local economies

John McDonnell MP, Labour’s Shadow Chancellor, speaking at the TAS Partnership, an employee owned transport company, described Preston council as a model of an innovative local Labour administration starting to think and act creatively to secure sustainable economic growth. Preston … Continue reading

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A report on new economic strategies for Wales offers useful leads for England

In 2015, the Wales Co-operative Centre and Co-operatives UK asked Pat Conaty to report on the social and co-operative economy innovation in Wales and to set this in a policy context, as uneven growth and imbalanced recovery from the downturn … Continue reading

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Co-operative Group announce some drivers will be transferred to Eddie Stobart; bad management alleged

The Group’s board has announced that some drivers will be transferred to Eddie Stobart and 85 staff at the Coventry national distribution centre were told they could be moved to the private haulier in April. The Group currently operates around 3,000 … Continue reading

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Invitation to the Convergence Festival which builds on Ireland’s rich tradition of co-operatives and the current interest in community ownership

 An invitation from Cultivate – a practical sustainability organisation which aims to equip people to respond to the twin issues of energy vulnerability and climate change by providing access to the knowledge and tools that cultivate sustainable lifestyles and resilient … Continue reading

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The workers who ran their own mill — the first productive co-operative society

A transcript about co-operative pioneers of Hebden Bridge was found on the site of Prezi, a cloud-based presentation software and storytelling tool for presenting ideas on a virtual canvas. Summary with added pictures below. Hebden Bridge (below) in the West … Continue reading

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Several Venezuelans visited this website last week: in turn we search for news about Venezuelan co-operatives

Co-operatives are said to be quietly transforming people’s values in Venezuela. Worker co-operatives develop trust, solidarity and teamwork. Co-operation and community empowerment are values which contrast with the individualism and selfishness promoted by the corporate-owned mass media to increase consumption. … Continue reading

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Italian co-operatives: raising and developing the weakest part of our local communities and civil society

The roots of the co-operative movement in Italy go back to 19th century workers’ associations, with credit services, agricultural and building co-ops forming an important part of the overall economy. There are more than 20, 000 cooperatives, including housing and … Continue reading

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Will Syriza succeed in boosting the co-operative economy in Greece?

In a Co-operative News article, Anca Voinea reports indications that Syriza’s win in January could boost the co-operative sector, noting that rebuilding the country’s economy was one of its major election pledges. In its manifesto, Syriza highlighted the importance of … Continue reading

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