Co Operative Bank

Co-operatives: The Untold Story

Ed Mayo | Posted 23.06.2014 | UK
Ed Mayo

Now I know what a steamroller can do. The last year has been the most dramatic and the most traumatic ever for the co-operative sector. For years, you wait for the mainstream business press to pick up on the potential of the co-operative model in today's more open and fluid world of enterprise, and then...wham.

Paul Flowers Pleads Guilty To Drugs Charges

The Huffington Post UK/PA | Posted 07.05.2014 | UK

Former Co-operative Bank boss Paul Flowers has pleaded guilty at Leeds Magistrates' Court to drugs possession, after arriving flanked by bodyguards. ...

Co-Op Group Just Made Its Biggest EVER Loss

PA/The Huffington Post | Posted 17.04.2014 | UK

The Co-operative Group has revealed losses of £2.5 billion, by far its largest ever, as it faces more pain from the biggest crisis in its history. ...

'Journalists Are All Vultures, Except The BBC, They've Been Really Nice To Me'

Huffington Post UK/PA | Posted 16.04.2014 | UK

Former Co-op Bank boss Paul Flowers has told journalists they are all "vultures" except the BBC who "have been really nice to me". He made the comm...

Charity Entrepreneurs - Do They Exist?

Michelle Wright | Posted 02.06.2014 | UK
Michelle Wright

In a changing economic context, most charities are being asked to be more entrepreneurial, but I'm coming across more and more CEOs that are tired of hearing the term and Chairs of Trustees that don't seem to know where to start. So what does 'entrepreneurial' really mean in the charity sector?

Co-Op Boss Quits 'Ungovernable' Group

The Huffington Post/PA | Posted 11.03.2014 | UK Politics

Co-operative Group chief executive Euan Sutherland's resignation has been accepted by the board, after offering to quit as chief executive of the grou...

The Co-op's Demise Has Serious Implications for British Farms

Nash Riggins | Posted 01.05.2014 | UK Politics
Nash Riggins

The Co-op is in trouble again. Just months after its financial arm all but collapsed, the company has been forced to admit it's completely haemorrhaging cash. And facing some £2bn in losses, it only makes sense Co-op bosses have decided it's time to go into shutdown mode.

Is Ethical Banking an Oxymoron?

Ian Middleton | Posted 30.04.2014 | UK
Ian Middleton

On the day that Royal Bank of Scotland announced a bonus payout to it's staff of £588million in spite of an operating loss of £8.24billion, one had to wonder if any lessons were really learnt from the mess that was left after the banking crash only a few years ago...

Tory MP Denies 'Wanting' Co-op Bank To Buy 632 Lloyds Branches

The Huffington Post UK | Asa Bennett | Posted 25.01.2014 | UK Politics

The Treasury did not have a "political desire" for the Co-operative Bank to buy 632 Lloyds bank branches during the bidding process last year, accordi...

Miliband Attacks Cameron For Using Co-op Scandal To Score Political Points

The Huffington Post UK | Paul Vale | Posted 23.01.2014 | UK Politics

Ed Miliband has launched a stinging rebuke of David Cameron in a strongly worded article for the Independent on Sunday, attacking the prime minister o...

Co-operative Bank's Near Collapse Subject To Independent Investigation Following Paul Flowers Scadal

PA/Huffington Post UK | Posted 22.11.2013 | UK

An independent investigation into the near collapse of the Co-operative Bank has been announced as its former chairman, Paul Flowers, was released on ...

Mehdi's Morning Memo: Flowers Arrested

Huffington Post | Mehdi Hasan | Posted 22.11.2013 | UK Politics

The five things you need to know on Friday 22 November 2013... 1) FLOWERS ARRESTED Former chairman of the Co-operative Bank, Paul Flowers, who t...

Co-Op Bank Chief Paul Flowers Arrested Over Drugs

The Huffington Post UK/ PA | Posted 22.11.2013 | UK

Paul Flowers has been arrested in connection with a drugs supply investigation, police said today. West Yorkshire Police said officers arrested the...

The Downfall Of Rev Paul Flowers (TIMELINE)

The Huffington Post UK | Posted 19.11.2013 | UK

The tragic story of former Co-op Bank chief Rev Paul Flowers have embroiled the bank, the Methodist church and the Labour party in a drugs scandal. ...

'I Did Things That Were Stupid And Wrong'

Posted 17.11.2013 | UK

A Methodist minister and former bank chief has apologised after being filmed handing over cash in exchange for hard drugs. The Mail on Sunday said ...

Co-op Branches To Close As Hedge Funds Move In On Troubled Bank

PA | Posted 04.11.2013 | UK

Around 50 branches are to close as control of the Co-operative Bank is handed to a group of investors as part of a rescue plan. The Co-operative Gr...

Co-op To Axe More Than 1,000 Banking Jobs

The Huffington Post | Posted 02.11.2013 | UK

The Co-operative Group is to axe more than 1,000 jobs at its troubled banking arm as part of an overhaul of its business and finances, reports Sky New...

No Taxpayers' Money In Co-Op £1.5bn Rescue

The Huffington Post UK | Posted 16.08.2013 | UK

A rescue plan for the Co-operative's troubled banking arm has been unveiled in a bid to plug a £1.5 billion hole in its balance sheet. No taxpayer...

Who's Paying For The £1bn Co-op Bank Rescue Deal?

The Huffington Post UK | Posted 16.06.2013 | UK

A £1 billion rescue plan for the Co-operative's troubled banking arm is set to be unveiled this week in a move likely to hit up to 5,000 small invest...

Co-Op Defends Banking Operations After 'Disappointing' Downgrade

PA | Posted 10.05.2013 | UK

The Co-op has defended its banking business after a ratings agency said it may need "external support" to maintain regulatory capital levels. In a ...

Why Has Lloyds Branch Sale To Co-op Collapsed?

PA/Huffington Post UK | Posted 24.04.2013 | UK

Lloyds Banking Group's sale of more than 600 branches to the Co-operative Group has collapsed. Part-nationalised Lloyds, which is being forced by Euro...

TSB Brand To Return - But For How Long?

Charlie Thomas | Posted 31.10.2012 | UK

Millions of Lloyds Banking Group customers are at risk of confusion after Huffington Post UK discovered customers could find their branches rebranded ...

Not So 'Good With Food' - Co-Op Profits Take A Hit

The Huffington Post UK | Posted 23.08.2012 | UK

Profits at the Co-Operative Group have plummeted by a third in just six months after PPI claims, fierce retail competition and difficult economic cond...

One In Five See Family For 'Less Than An Hour A Day'

The Huffington Post UK | Jessica Elgot | Posted 21.08.2012 | UK

One in five people spend less than an hour a day at home with their families, relying on phones to keep in contact because of the demands of their job...

Meet The 'Squeezed Generation'

PA | Posted 16.07.2012 | UK

The plight of the "squeezed generation" of people who are struggling to support both their parents and children financially was starkly highlighted to...