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Archive for the 'Co-operative News' Category

Ireland’s credit unions

Posted on September 18th, 2014 · Posted in Co-operative News

Ireland has one of the world’s largest credit union sectors, per capita. While the movement is perceived to have been around for generations, the first credit union in the Irish.. read more

Co-op Bank results make grim reading

Posted on September 18th, 2014 · Posted in Co-operative News

After months of bad news stories, the disclosure that the Co-operative Bank made a £1.3bn loss in 2013 – following a loss of £674m in 2012 – was no surprise.. read more

How much does one man need?

Posted on March 31st, 2014 · Posted in Co-operative News

I once read a short story by Leo Tolstoy called How Much Land Does a Man Need?. You might guess the principle behind the story from the title. But to.. read more

Bleak future for Co-operative Pharmacy

Posted on March 31st, 2014 · Posted in Co-operative News

Anyone who reads this column regularly will have been unsurprised to read that the Co-operative Group is considering the sale of the pharmacy business, as well as moving towards practical.. read more

A Period of Transition

Posted on March 31st, 2014 · Posted in Co-operative News

This is a period of substantial transition not just for the Co-operative Bank, but also for the Co-operative Group.  Not the least of this – though it has passed with.. read more

Investigating the crime

Posted on March 31st, 2014 · Posted in Co-operative News

One of my guilty pleasures is that I like watching crime dramas.  I don’t want to see the blood and guts, but there is the pleasure of working out who.. read more

Co-op Bank’s long term problem was – lack of profit

Posted on January 29th, 2014 · Posted in Co-operative News

I was contacted recently by a close observer of the Co-operative Bank’s affairs, who suggested I had missed a dimension to the crisis at the Bank.  Over the longer term,.. read more

Priorities for Co-op’s Kelly Review

Posted on January 19th, 2014 · Posted in Co-operative News

Sir Christopher Kelly’s review into the crisis at The Co-operative Bank began in September.  While that review is conducted in private, it is becoming clearer to outsiders what the review.. read more

Co-op crisis shows need to revise Butterfill Act

Posted on January 19th, 2014 · Posted in Co-operative News

It can be very useful to revisit history to work out what went wrong and why – not least to prevent repeating past mistakes.  This is perhaps a good moment.. read more

Reviewing the co-operative year

Posted on January 19th, 2014 · Posted in Co-operative News

Farewell to 2013 – and may our sector never have a year as bad again please.  Events for the UK’s co-operative movement have been dominated by the crisis at The.. read more

Co-operatives’ crisis of corporate governance

Posted on January 19th, 2014 · Posted in Co-operative News

The Treasury Select Committee hearings into the crisis at The Co-operative Bank have shone a bright light onto the uncomfortable hidden truths of our movement.  Most of us knew that.. read more

The end of co-operation

Posted on November 4th, 2013 · Posted in Co-operative News

In the last column I wrote that the end game was upon us.  It has now arrived and, whatever words anyone chooses to use, the reality is that The Co-operative.. read more