Labour will double the size of the co-op and mutuals sector February 29, 2024 Under a Labour government, there will be a level playing field for low-risk, member-owned organisations that reinvest their profits, say Tulip Siddiq and Joe Fortune
The Co-op hit by nearly 1,000 shoplifting, abuse, violence and anti-social behaviour incidents every day in 2023 February 8, 2024 The Co-op experienced almost 1,000 incidents of shoplifting, abuse, violence and anti-social behaviour every day across its stores during 2023, new figures have revealed.
Minister to discuss handing Post Office ownership to workers February 4, 2024 The Post Office minister is set to discuss the possibility of moving to a new ownership structure at a meeting with workers.
The Co-op lowers prices as it eyes ‘golden era’ January 24, 2024 The Co-op has revealed plans to grow its membership to eight million by the end of the decade as it eyes a "golden era of co-operation".
Co-op Bank enters exclusive talks with Coventry Building Society December 21, 2023 The Co-op Bank has entered exclusive talks with Coventry Building Society which could pave the way for a merger in the months to come.
Co-op Bank hints at potential sale after reports of auction November 8, 2023 Co-operative Bank has confirmed that it is exploring potential strategic opportunities
Aldermore ditches bid for Co-op Bank October 25, 2023 The challenger bank’s bid for Co-op was reportedly derailed by a leadership shake-up at FirstRand, its South African parent company.
Co-op invests £70m into fresh price cuts for as losses narrow September 21, 2023 The Co-op has invested a further £70m investment into lowering pricing for customers as its losses narrowed after the sale of its forecourts business to Asda. The retailer pumped £20m into price cuts in the first half year and said it now has plans for a further £70m investment, which includes 200 reductions for users [...]
Former Co-op Bank boss Paul Flowers accused of carpet fraud August 30, 2023 Former Co-op Bank boss Paul Flowers has been accused of defrauding someone of carpets and by using cheques while acting under a power of attorney. The case against the 73-year-old was detailed in court listings at a hearing at Manchester Magistrates’ Court, where the case was adjourned until next week. Flowers was not present for [...]
Natwest gets slap on the wrist after flouting customer service rules August 15, 2023 Natwest and the Co-Operative Bank have been given a slap on the wrist by the competition watchdog today after potentially misleading customers over the quality of service they were receiving. In letters to the two banks today, the Competition and Markets Authority said Natwest and Co-Op Bank had both breached part three of the Retail [...]