Category Archives: Employee ownership

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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Social care system in crisis: the co-operative model offers a good way forward

“Our social care system is in urgent need of reform. Private companies profiteer, whilst older people, those who rely on social care and the staff that deliver it, pay the price. The market in social care services is broken – … Continue reading

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Manifesto places not-for-profits and co-ops at the heart of Corbyn’s plans for a “publicly run, locally accountable energy system”

, The latest issue of the Co-operative News follows up earlier reports that Jeremy Corbyn has launched an environmental manifesto that outlines his plans for the UK to achieve 65% of energy from renewable sources by 2030 – without fracking. He has … Continue reading

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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

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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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