Category Archives: Ethics

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

Posted in Co-operative Group, Co-operative movement, Co-operative News, Co-operatives UK, Environment, Ethics | Tagged , , , , , , , , | Leave a comment

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

Posted in Banking, Co-operative Group, Co-operatives UK, Environment, Ethics, Problems | Tagged , , , , | Leave a comment