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Features

Co-op banks can weather banking crisis

Co-operative and mutual banks and not-for-profit savings banks have played an important role in the European financial system over the last century. Indeed, there remain several European co-operative banks that have a very strong presence in their domestic markets.
August 04 2011

Mark Lyonette, Chief Executive of ABCUL (the Association of British Credit Unions)

Mergers can strengthen credit union sector

Where to now for credit unions? The global financial crash has been both a plus and a minus for the organisations often referred to as finance co-operatives.
May 24 2011

Ed Mayo is advising the Government on how co-operatives can fit into the coalition’s ‘right to provide’ initiative

Government needs answers to help public servants set up co-ops

One in six of today’s public servants could be engaged in mutual organisations that run their services on contract to government within four years, according to Cabinet Office minister Francis Maude — architect of the ‘right to provide’ initiative.
March 16 2011

Muhammad Yunus, founder of the mutual Grameen Bank, has warned against big private organisations moving into the social microfinance sector (Picture: Andy Mettler/swiss-image.ch)

Private corporations set to cash in on financial mutuals

The relationship between cause and effect is usually a fascinating one — and often also a cruel one. Severe distress and economic hardship being felt in the villages of Andhra Pradesh in Southern India is a case in point.
November 19 2010

A swift exit from independent advisers is the right move for CFS

It’s been a good few weeks for Co-operative Financial Services. The highlight has been winning the prestigious FT Sustainable Bank of the Year award, against stiff competition from 110 established banks.
September 24 2010

Ed Balls: A manifesto for a Co-operative Britain

For the Labour leadership campaign, Ed Balls, Labour/Co-op MP for Morley & Outwood and the Education Secretary in the previous Government, put together his Co-operative Manifesto. Co-operative News publishes this as a contribution towards the debate on how the Labour and Co-op Movements go forward in the wake of this year’s general election defeat . . .
September 14 2010

Ed Mayo: 'We just need one thing to move forward and that one thing is confidence'

Ed Mayo: 'The time is right for co-operation'

Ed Mayo’s appointment last year as Secretary General of Co-operatives UK marked an important change of direction for the Movement. Ed is a very different type of person from his predecessor, Pauline Green. Pauline had been a serious political player, with influence across the Labour Party and Labour government, who had been leader of the Socialist Group in the European Parliament.
June 03 2010

Enterprise Hub helps co-ops flourish

The benefits of a £5 million UK-wide investment in the co-operative sector are being felt across the UK as the nationwide roll-out of The Co-operative Enterprise Hub gathers pace.
May 13 2010

Financial mutuals feel the pain

Skipton Building Society’s decision to raise its mortgage lending rate is a sign of how badly hit some financial mutuals are in the current, continuing, crisis. Skipton has just increased its Standard Variable Rate (SVR) from 3.5 to 4.95 per cent.
February 05 2010

Ireland’s building societies are teetering on the brink

Something is rotten in the state of Ireland. Specifically, something is very rotten in the Republic’s banks. And, just for once (for good reason), I include the country’s last two building societies within the definition of ‘banks’. 
February 04 2009

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