Wednesday 30 July 2014
Co-operative Group

British group backs new reforms drive

Britain's Co-operative Group has voted unanimously to accept proposals for far-reaching reforms designed to avoid a repeat of the near-catastrophic mistakes of recent years and secure the mutual's future. Independent direc


UK group agrees $2.4bn restructuring deal

Britain's Co-operative Group has detailed a rescue plan for its banking arm, under which it will hand control of the unit to investors including US hedge funds as part of a £1.5 billion ($2.4 billion) bail-in. In a schem

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