Category Archives: Problems

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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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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Save Our Bank – 2

An update from Save Our Bank, building on the December post. As the Ethical Consumer website says, “The aim of the Save Our Bank campaign is to keep the Co-op Bank ethical and return it to mutual ownership at the … Continue reading

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