Second book in the New Lanark trilogy explores Robert Owen’s legacy

C.A. Hope signing a copy of the book for Prof Donald Pitzer, Director Emeritus at the Center for Communal Studies at the University of Southern Indiana

The second part of novelist C.A. Hope’s trilogy about life in New Lanark’s cotton mills, the scene of early social reforms which inspired the co-operative movement, follows the work of pioneering radical Robert Owen. The fictional New Lanark – Living With A Visionary, is set in a troubled time for Britain’s mill workers, when the […]

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Yorkshire Co-ops Fair puts focus on food and sustainability

Suma and Golcar Food Growers Co-operative were among stallholders at the Co-ops Fair

Milnsbridge Co-operative, also known as the Red and Green Club, welcomed co-operators from Yorkshire for its first Co-ops Fair on 4 October.  The theme was food and sustainability, and stalls included food co-ops Wooldale Co-operative and the Green Valley Grocer, producer Golcar Food Growers Co-op and wholesaler Suma. Also present were the Co-operative Party, Co-operatives […]

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Treasury report: Co-op Bank debacle a catalogue of failures

Andrew Tyrie, chair of the Treasury select committee, which today released its report on Project Verde

The Treasury select committee has today released its report on Project Verde, the Co-operative Bank’s failed bid to buy 632 Lloyds branches. The failure of Project Verde revealed systemic financial problems within the Co-operative Bank and brought the financial institution to the brink of collapse. The report – the latest in a line of investigations […]

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Time for the building society sector to stand up and be counted

The Building Societies Association’s members include the Nationwide and Skipton building societies

Robin Fieth is a year into his role at the head of the Building Societies Association (BSA), and has looked at the changes needed in governance, financing and regulation. These, he said, would help the sector in its crucial role – to help creating a more diverse banking sector and enable more people to save […]

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Co-op Group sells distribution centre as rationalisation continues

Co-operative Estates has sold its Halesowen distribution centre to Dawn Meats

Co-operative Estates has completed the sale of the former Co-operative Food regional distribution centre at Halesowen to Dawn Meats. The Co-operative Group has replaced over 30 small depots with larger, modernised regional distribution centres and now has just one of the old depots left. The Amber Way property was constructed in the mid 1970s and extends […]

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Why Green isn’t only the colour of money

Ecology’s purpose-build eco-building in Silsden, West Yorkshire

Ecology Building Society has been conducting a campaign against the supermarket discounter, Aldi. On the last week of the campaign, Co-operative News visited their head office – a purpose built eco-building in West Yorkshire to find out more. The proposed site of Aldi’s new store, next to Ecology’s offices, was home to a 250-year-old tree. Ecology objected to […]

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Welsh Government commits to developing co-ops and mutuals

The Welsh government has committed to adopting recommendations to develop the co-op and mutual model

The Welsh government has committed to adopting the recommendations of a report on developing the co-operative and mutual business model in Wales, economy minister Edwina Hart has announced. The report by the Welsh Co-operative and Mutuals Commission sets out 25 recommendations on creating a culture and environment in which co-operative ways of doing business are […]

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Building society shows difference between members and customers

Member events included a harp performance at the Saxmundham branch

Ipswich Building Society has grown its mortgage, savings and membership base over the past five years. It boasts Net Promoter Scores of +65 and retention levels of 90%. But it has identified that 66% of its members feel more like a customer than a member. Michelle Monck, general manager, marketing, says Ipswich needs to tackle […]

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Ethical finance updates

Sunart Community Hydro

Latest community shares Sunart Community Hydro A 100kWh hydro-electricity scheme to generate income for the local community. Shares available: £850,000. Visit: www.microgenius.org.uk/project/sunart-community-hydro-24   The Low Carbon Hub  This community share raise will put local power in the hands of local people and bring renewable energy to 18 local schools and several businesses. Shares available: £1.5m Visit: […]

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What is ethical finance?

ethical finance tree pounds

What organisations do with their money is being increasingly caught on the public radar, bringing ethical issues to the forefront. From dodgy tax decisions to questionable investments, businesses are being highlighted more and more for what they do with their customers’ money. Ethics and values are at the core of co-operatives and mutuals, meaning they […]

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