Category Archives: Problems

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

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Were activists or imported executives responsible for the Co-operative Group’s ‘management and governance’ failure?

A few years after the event which eventually triggered the setting up of this site in 2011, a group of  co-operators concerned about the ‘corporatisation’ of the large societies, involving loss of members’ control, began to correspond. Several had been … Continue reading

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The Co-operative Group is under formal investigation by the Groceries Code Adjudicator

The FT reports that since March, the Groceries Code Adjudicator (GCA), Christine Tacon, has been investigating alleged mistreatment of suppliers by the Co-operative Group, her former employer. There were complaints that the Co-op dropped suppliers without fair notice, levied unfair … Continue reading

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Risk online banking? The Co-operative Bank’s alternative

As Co-operative Bank branches (and those of several other banks) close in several areas, including Swindon, Warrington, Taunton and Tunstall (above), customers are directed in two directions: to stand in long queues and pay in and draw out money at … 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

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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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