How co-operation can achieve equality in education

Will pupils in Edinburgh start the move towards a more humane approach to schooling?

The City of Edinburgh Council believes the concept of co-operation can provide a values-and-principles approach to learning and teaching. This can allow all students to succeed and help to tackle the entrenched attainment gap seemingly dictated by postcodes. It has taken this pioneering approach as part of its bid to become the first co-operative council in Scotland […]

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Juggling Act

Facing closure, Waddington Library moved into a Lincolnshire Co-op Pharmacy and is now run by volunteers

While the Co-operative Group prepared to unveil its annual results showing a multi-billion loss, Giles Simon spoke to its chair Ursula Lidbetter, who also manages the thriving Lincolnshire Co-operative … Over the past few months, the governance divide between elected members and executive management at the Co-operative Group has been brought to light, along with stories of […]

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Local food focus fuels growth for retail co-operatives

Lincolnshire Co-operative's Love Local range

A focus on local food has strengthened the annual trading results of two consumer co-operatives. East of England and Lincolnshire co-operatives have reported positive trading results during 2013, and has attributed the growth of local food as one of the main factors. In annual results announced this week, East of England reported its first rise in […]

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Meet the new Co-operative Group directors

The five new directors of the Group Board. From left: Andrew Donkin, David Morrow, David Smith, Frank Nelson and Bob Harber.

Five new directors have been elected to the Co-operative Group board. Three directors who re-stood for their seats were not re-elected by the Group’s 500 elected members. Those were deputy chair Steven Bayes (north region); Patrick Grange (north west & north midlands) and Liz Moyle (Wales). Another seat was a replacement for former chair Len […]

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International news round up (9-22 April)

Nepal Over 800 co-operators have met in Kathmandu for Nepal’s first Co-operative Congress. The event was attended by President of Nepal, Ram Baran Yadav; Prime Minister Sushil Koirala; and President of the International Co-operative Alliance, Dame Pauline Green. Delegates at the Congress adopted the Kathmandu Declaration, which highlights the importance of co-operative enterprises to the […]

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Editorial: 2.5 billion reasons that change is needed

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Where does one start to analyse the past 12 months that has led to one of the most expensive challenges in UK trading history? Two-and-a-half billion pounds is an incomprehensible amount for a co-operative. Losses that large are only reserved for banks and telecommunication companies. It joins Royal Bank of Scotland (£24.1bn), Vodafone (£15bn/£13bn), Lloyds […]

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Failures of governance and leadership contribute to £2.5bn loss

co-operative-group-head-office

“Major failings of governance, leadership and accountability,” has led to the Co-operative Group’s lowest point in its 150-year history, according to interim chief executive Richard Pennycook. Mr Pennycook, who took over the top post last month when Euan Sutherland resigned, said: “The credibility, trustworthiness and financial strength of the Group built up over nearly 150 […]

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Co-operative Group reports ‘disastrous’ loss of £2.5bn

The Co-operative Food Branch 2

The Co-operative Group has reported its biggest-ever loss of £2.5bn. “Significant losses” at the Co-operative Bank, which include a disposal of £1.44bn and £625m loss on disposal of the Bank, are to blame alongside a £226m write-down of the 2009 acquisition of Somerfield. The overall loss of £2.5bn, an increase of almost £2bn on last […]

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