Co-operatives in Wales generate more than £1 billion in income a year and offer a tried and tested way of developing a more sustainable economy while tackling unemployment and social inequality, according to a report released today. ‘Co-operatives in the Welsh economy’ is published by the Wales Co-operative Centre, written by the Bevan Foundation, that brings together the most up-to-date research about co-operatives in Wales for the first time to examine their current impact — and the ...

Britain’s co-operatives are set to benefit from credit union legislation that allow under-16s to become members and provide an opportunity to raise more capital.