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Politics looms large over this month’s Co-op News, with contrasting stories showing just how important a conducive government environment is for co-ops, credit unions and other democratic enterprises. In the US, cuts to green energy, DEI and other initiatives frowned on by the Trump administration have hit projects by community credit unions, new municipalism plans and electric co-ops transitioning to renewables. Meanwhile in the UK, fringe events at the Labour Party conference fleshed out the government’s plans to double the size of the national co-op and mutual economy (p26-29).

It’s never a simple picture, of course. In the US, there are also examples of rural agri co-op projects given the go-ahead. And in the UK, Labour has tabled concrete policy proposals which have been welcomed as exciting game changers by Matt Bland of the Association of British Credit Unions and at the annual conference of the Confederation of Co-operative Housing …  but Rob Harrison of Ethical Consumer warns more drastic sector growth is needed to deliver the sort of change that could reshape the UK economy – something Labour perhaps needs as it looks to reanimate its flatlining poll ratings. Political scientist Colin Talbot, meanwhile, turns to two books by co-op expert John Restakis which suggest you can have too much of a good thing if a mixed economy is to function well.

It’s not just about government, of course. For the sort of participatory democracy that suits co-operatives well, an informed public is needed, with balanced debate – something increasingly lacking, especially at local level as old-school media dies out. Media co-ops, among those trying to fill the gap, were in evidence at the UK Local News Forum. And co-ops aren’t waiting for permission from government to make change happen, as the World Transformed event showed. Sometimes, they are taking the lead when it comes to working for peace

Meanwhile, national co-op movements continue to thrive, and we wish Singapore’s co-op sector a happy 100th birthday. We also welcome the new head of the International Cooperative Alliance Africa, Rose Karimi Kiwanuka, take a look at the revamped Rochdale Pioneers Museum and, because it’s that time of year again already, bring you some co-opy Christmas gift ideas.

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Why policy matters: Co-ops and the powers that be

An introduction for articles from this month's edition of Co-op News

Co-ops looking to change the world, town by town

Report from the World Transformed festival in Manchester, which looked at social and solidarity economy initiatives

West Yorkshire moor brought under community ownership

Bridestones Moor, near Todmorden, will be managed by a CIC led by local ecologists, naturalists and…

ICU Day: Credit unions set out their stall for for a prosperous world

The event, coordinated by the World Council of Credit Unions (Woccu), has been celebrated annually since…

New president for European confederation of industrial and service co-ops

Monica Fantini, who has held leading roles in Conscoop and Legacoop, takes over from Giuseppe Guerini

Number of credit unions drops by 10% as consolidation trend continues

As of 31 December, 2024, there were 67,137 credit unions worldwide, down from 74,634 the previous…

UK parliament honours co-ops and credit unions in early day motions

The motions mark the International Year of Co-operatives and International Credit Union Day

FCA plans for targeted support ‘could help mutuals and friendlies’

Financial services consultancy Broadstone urged the regulator to avoid ambiguity and implement measures proportionately to benefit…

Trump axes CDFI Fund staff – while credit unions muster shutdown support

The president has laid off all staff at the CDFI Fund, which supports credit unions in…

US Department for Agriculture awards $4.2m to co-op development

Only nonprofit institutions can apply for funding under the programme, which allocates up to $1m per…

Insurance mutual Shepherd’s Friendly announces new CEO

Jonathan Sandell joins from Lloyd's Bank and replaces Ann-Marie O’Dea, who steps down after more than…

US credit union launches stablecoin crypto as part of digital asset platform

Minnesota-based St Cloud Financial Credit Union is working with DaLand Cuso on the venture