Southern Co-op merger with the Co-op Group approved following financial difficulties

8:11:26 Southern Co-op merger with the Co-op Group approved following financial difficulties The approval of Southern Co-op’s merger with Co-op Group represents progress towards the organisations’ stated objective of combining financial strength and operational scale. It also records the loss of Southern Co-op’s independent position following sustained financial pressure. The published explanations identify the immediate reasons for the rescue, but do not constitute an independent examination of every factor behind the losses or establish whether different earlier decisions could have prevented them.

About David Smith

Lifelong co-operative & community activist working at all levels of the movement. Ex Government Food Adviser & UK Healthcare Regulator. Founded the first Community Law Centre in Wales; directed the first EC funded Wales Anti-Poverty Programme: pioneering co-operative & place making community initiatives. Robert Owen Memorial Museum Trustee. Director, Sheffield Co-op Development Group. Graduate Ruskin College, UC Cardiff + PGCE, MA Keele; Ex Lecturer Professional Food & Management, Gwent Tertiary College,
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