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  1. August 8, 2014

    Co-op unveils corporate governance overhaul

    The Co-operative Group has outlined governance reforms that will eject the majority of lay members from its board in favour...

  2. FT Alphaville

    July 10, 2014

    The 6am London Cut

    Markets: The influential head of the US House Financial Services Committee has called on US Treasury secretary Jack Lew to...

  1. July 9, 2014

    Vince Cable orders review into sell-off of state assets

    Ministers have ordered a review into the sell-off of state assets, just days before MPs publish a report that is expected to...

  2. June 26, 2014

    Labour seeks to reposition itself as pro-business party

    Stung by criticism that it is anti-business, Britain’s opposition Labour Party plans a summer campaign to woo companies with...

  3. June 12, 2014

    Labour big beasts warn Miliband on alienating City

    Ed Miliband has been warned by two former Labour ministers that he is alienating business leaders by speaking a language...

  4. May 19, 2014

    Co-op’s longest serving director joins board exodus

    The Co-operative Group‘s longest-serving director has resigned after an historic vote to reform its governance, the fifth...

  5. May 17, 2014

    Co-operative by name, co-operative by nature

    In the end, they were. Co-operative, that is. A small cadre of activists voted for reform principles that give the...

  6. May 17, 2014

    Co-operative Group agrees to reform

    The Co-operative Group has agreed to reform the way it is run after a year of scandals and record losses that its boss...

  7. May 16, 2014

    Co-operative lobby group fights Myners’ plan to eject lay members

    The battle for the future of the Co-operative Group has intensified ahead of the annual meeting on Saturday, as a powerful...

  8. May 16, 2014

    Calpers sells stakes in Alisher Usmanov companies

    Calpers, the California state pension fund, has sold its holdings in two companies part-owned by Russia’s richest man,...

  9. May 13, 2014

    Lidbetter voices fears if Co-op Group reforms are rejected

    The chairman of the struggling Co-operative Group said she would be “very concerned” about the reaction of its lenders if...

  10. May 13, 2014

    How a proud corporate history can lead to poor governance

    Only a few pages into Lord Myners’ report on the UK Co-operative Group, I had the feeling I had read this before. Soon after...

  11. May 12, 2014

    You might say that: the art of sneaky rhetoric

    Lord Myners, a former financial services minister, was interviewed on BBC Radio 4’s Today Programme last Wednesday morning....

  12. May 8, 2014

    Co-op AGM agenda fails to address ‘dysfunctional’ governance

    None of the six motions the Co-operative Group’s elected representatives have tabled for discussion at its annual general...

  13. May 7, 2014

    Lord Myners finds culture of fear and mistrust in Co-op boardroom

    “Fear and loathing in the boardroom” could be the subtitle of Lord Myners’ review of governance at the Co-operative Group....

  14. May 7, 2014

    Appearing unique is the big test for challenger banks

    The name Kent Reliance oozes respectability. Branding consultants might have picked it out in a crowd as a way to sound...

  15. May 7, 2014

    Former Co-op Bank boss Paul Flowers fined £400 over drugs charges

    Paul Flowers, the former chairman of the Co-operative Bank and an ex-Methodist minister, has been fined £400 and ordered to...

  16. May 7, 2014

    Co-op faces fight over governance overhaul

    The Co-operative Group faces a fight over plans to overhaul its governance, despite a warning that it will fade into...

  17. May 5, 2014

    The failures at Co-op are not a one-off

    The recent history of Britain’s Co-operative Group is so peculiar it is tempting to paraphrase the opening lines of Anna...

  18. April 28, 2014

    Why must financiers meditate in secret?

    Iam sitting in a packed conference room, somewhere in the heart of London’s financial centre, in an office I have sworn not...

  19. April 27, 2014

    Huntsworth poised to name Lord Myners as chairman

    Huntsworth, one of the UK’s biggest independent public relations companies, is poised to name Lord Myners as chairman, just...

  20. April 24, 2014

    The Co-op, the bananas and the £2.5bn loss

    At this month’s Co-operative Group board meeting to approve the mutual’s 2013 accounts, its executives were braced for a...

  21. April 24, 2014

    Power struggles tear at the heart of ‘ungovernable’ Co-op

    It took Lord Myners less than 30 minutes to realise the extent of the struggle he would face to reform the Co-operative...

  22. April 20, 2014

    Co-op backers send in top troubleshooter

    Six major UK banks that lend to the Co-operative Group have sent a troubleshooter into the lossmaking mutual, in an attempt...

  23. April 18, 2014

    Lidbetter preaches sweeping Co-op reform

    The director responsible for driving through sweeping reforms of the Co-operative Group has likened the challenge to...

  24. April 17, 2014

    Co-op: cannonade against the commissars

    The Co-operative Group is good at arranging funerals. Just as well. Pessimists say it may need to arrange its own. The...

  25. FT Alphaville

    April 17, 2014

    Leasing out mutuality

    Sale and leaseback transactions represent an expensive addiction the cost of which does not appear, even now, to be fully...

  26. April 15, 2014

    Co-op pushed to adopt softer reforms

    The Co-operative Group is coming under increasing pressure to adopt a watered-down version of radical governance reforms...

  27. April 11, 2014

    Co-op Bank chief Booker in line for £4.6m

    The Co-operative Bank is paying its chief executive four times as much as his predecessor, highlighting the dramatic steps...

  28. April 10, 2014

    MPs back members amid resignation fallout

    Labour and Co-operative MPs lined up to defend members of the Co-op Group on Thursday, as they abandoned the former Labour...

  29. April 10, 2014

    The Co-op: caught in a time warp

    The Co-operative Group has been a feature of Britain’s corporate landscape for so long that its way of doing things has...

  30. April 10, 2014

    Myners’ resignation points to fractious atmosphere at Co-op

    The sharp-suited Lord Myners with his City of London credentials was always going to sit uneasily with the ethos of the...

  31. April 10, 2014

    MPs deny Co-op Group opposes reform

    Labour and Co-operative party MPs on Thursday scrambled to extinguish the view that members of the UK’s largest mutual...

  32. April 10, 2014

    Lord Myners’ departure leaves Co-op in a deeper hole

    The Co-operative Group is in a deep hole, but instead of putting down its spade it has revved up the mechanical digger. Such...

  33. April 9, 2014

    Lord Myners quits Co-op amid opposition to reform

    The civil war within Co-operative Group claimed another victim on Wednesday as Lord Myners, the senior independent director,...

  34. March 26, 2014

    Leading Britons’ business links with Russians under spotlight

    Deteriorating relations be­tween President Vladimir Putin and the west in the wake of the Ukraine crisis have thrown a...

  35. March 19, 2014

    Co-operative Group shakes up management team as losses loom

    The scandal-hit Co-operative Group has demoted or released the entire management team in place during its phase of...

  36. March 18, 2014

    The Co-op’s mistake was to detach responsibility from power

    Any trading organisation faces issues of equity and governance. Who bears the losses when things go wrong – as, from time to...

  37. March 17, 2014

    Co-op is shaken, not the mutuals’ model

    The near-collapse of the Co-operative Group has given critics plenty of ammunition to claim that the politically popular...

  38. March 14, 2014

    Myners proposes Co-op Group board shake-up

    The Co-operative Group, which was dubbed “ungovernable” by its departing chief executive, has been run by a “failed” and...

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