Co-op Group, the Manchester-based mutual, has announced major changes to its leadership team as it “moves forwards into the next phase of its growth ambition.”…

Co-op Group, the Manchester-based mutual, has announced a new £350 million lending agreement with six banks — HSBC, Barclays, ING, Lloyds, NatWest and fellow co-operative…

Co-op Group, the Manchester-based member-owned mutual, said it plans to open more than 50 new or “transformed” stores across the UK before Christmas — while calling…

The Manchester-based Co-op has warned that the UK’s high streets “face a critical moment” as new research revealed that 60,000 small shops and 150,000 jobs…

Co-op Group, the Manchester-based member-owned mutual, said the recent cyber attack at the firm damaged its revenue by £206 million and had a profit impact of…

The Manchester-based Co-op Group announced that it will stop “sourcing relationships” wherever possible with 17 countries — including Israel and Russia — where “there are…

Manchester-based mutual Co-op Group said its 2024 profit before tax rose by £133 million to £161 million “driven by increased operating profits and improved Funeralcare…

Manchester-based mutual Co-op Group said it is launching its “biggest ever value campaign” on March 26, matching Aldi prices on over 100 everyday essentials for its…

The UK’s Competition and Markets Authority (CMA) said the Manchester-based Co-op Group has admitted to 107 breaches of an order put in place “to protect…

The Manchester-based Co-operative Group (Co-op) announce the appointments of digital growth expert Wais Shaifta and political and equalities activist Simon Woolley as independent non-executive directors. The…

Manchester-based Co-op Group said it plans to accelerate its growth by opening 75 new stores in the UK in 2025. The mutual retailer also said…

Coventry Building Society said UK regulators the FCA and the PRA have given their consent to its £780 million cash acquisition of Manchester-based Co-operative Bank….

A new report from Manchester-based Co-op Group and cross-party think tank Demos has argued that the UK economy is missing out on £19 billion in…

The Co-op Group has reported that its “leakage costs” for theft and fraud were up 19% at £39.5 million in the first half of 2024….

Manchester-based mutual Co-operative Group Limited said its revenue rose 1.5% to £5.6 billion in the first half of 20204 as it reported an interim profit of…

Manchester-based mutual the Co-op Group announced that, along with other members of The Royal Foundation’s Business Taskforce for Early Childhood, it is “spearheading an intervention”…

Coventry Building Society has agreed to buy Manchester-based Co-operative Bank Holdings for £780 million in cash, as it looks to establish a national footprint and…

York-based house building giant Persimmon plc said that Shirine Khoury-Haq will step down as an independent non-executive director on September 30, 2024, to focus on her…

Mutually-owned Coventry Building Society and Manchester-based Co-operative Bank announced on Thursday afternoon that “non-binding heads of terms have been agreed for a potential acquisition of…

Manchester-based Co-op Group said its 2023 profit before tax fell almost 90% to £28 million as the mutual’s group revenue fell £200 million to £11.3…

Manchester-based Co-op Group, the UK’s largest consumer co-operative, has announced its growth plans as it looks to increase the number of its member-owners from 5 million…

Manchester-based mutual giant Co-op Group announced big board changes, with Debbie White becoming chair and Moni Mannings and Luke Jensen appointed as independent non-executive directors. White succeeds Allan…

Coventry Building Society announced it has entered into an “exclusivity agreement in relation to a possible offer” for Manchester-based Co-operative Bank Holdings Limited. Such a deal…

Coventry Building Society has made a non-binding offer for Manchester-based Co-op Bank that values the lender at more than £700 million, according to London media…

Leeds-based supermarket giant Asda announced it has completed the acquisition of EG Group’s UK business for an enterprise value of £2.07 billion. “Buying the EG…

Manchester-based Co-op Group said its revenue slipped £200 million to £5.4 billion in the 26 weeks to July 1, 2023, despite a 55% increase in new…

A major study by the Manchester-based Co-op Group and children’s charity Barnardo’s has found that young people are “turning away from higher education” as the…

Manchester-based Co-op Group said it has appointed Debbie White as chair designate. “Debbie brings a wealth of business and commercial experience and will succeed Allan…

Manchester-based Co-op Bank said its underlying profit before tax rose about 28% to £35.1. million in the three months ended March 31, 2023. Co-op Bank said its…

Manchester-based Co-op Bank is in the early stages of exploring strategic options — including mergers and acquisitions, a sale of the bank and an initial…

Manchester-based Co-op Group said it aims to attract one million active new members over the next five years as it announced its revenue rose 3% to £11.5…

Co-op Group announced the appointment of Rachel Izzard as Chief Financial Officer and a member of the Co-op Group Board. Izzard has held a number of senior…

Manchester-based Co-operative Bank has reported profit before tax of £132.6 million for 2022, an increase of £101.5 million. Total income, which includes net interest income and…

Manchester-based Co-op Group has announced that many of its “Best Before” dates on fresh fruit and veg are set to disappear as it axes the…

Manchester-based Co-operative Group Limited announced in a stock exchange statement it will “vigorously” defend a £450 million claim that has been issued against it. “Co-operative…

Manchester-based Co-op Group announced the completion of the sale of its non-core petrol forecourt business to Leeds-based Asda for an enterprise value of £611 million. The acquisition…

Manchester-based Co-op Group said on Thursday its first-half revenue was flat at £5.6 billion for the 26 weeks to July 2, 2022, while underlying EBITDA fell to…

Manchester-based Co-op Group has announced a new leadership structure for its convenience and wholesale operations. After six years with the Co-op, with over five years as…

Manchester-based Co-op Group announced it has sold its petrol forecourt estate to Leeds-based Asda for an enterprise value of £600 million. The Co-op said the enterprise value…

Manchester-based Co-op Group is in talks to sell 130 of its petrol stations for about £450 million as it seeks to reduce its debts, according…

Manchester-based Co-op confirmed on Tuesday that Shirine Khoury-Haq has been appointed as group CEO on a permanent basis.   Co-op appointed Khoury-Haq, formerly group CFO and CEO…

The Co-op Group announced it is planning to cut around 400 jobs at its head office in Manchester. A spokesman for the Co-op said: “At our last…

Manchester-based Co-op Group said on Thursday its 2021 revenue was up £300 million against pre-pandemic levels to £11.2 billion but down slightly year-on-year from £11.5 billion in…

Manchester-based Co-operative Bank Finance announced it priced its issue of green MREL-eligible £250 million fixed rate reset callable notes due 2027. MREL stands for “Minimum Requirement for…

Manchester-based Co-operative Bank Finance has announced it will begin marketing £200 million of potential green bonds. “The Co-operative Bank Finance p.l.c. will today begin marketing a…

Manchester-based Co-op Group announced that CEO Steve Murrells will step down following this year’s AGM in May and that it has appointed Shirine Khoury-Haq, group CFO and…

Manchester-based Co-operative Bank — recently rebuffed by Spain’s Banco Sabadell in an audacious £1 billion approach for its TSB Bank subsidiary — on Friday posted a third…

(Updates with Monday statement from Co-operative Bank) Spain’s Banco Sabadell confirmed at the weekend that its board has rejected an audacious offer for its subsidiary TSB Bank…

Manchester-based Co-op Group revealed a new partnership with Amazon and an acceleration of robot deliveries as it announced its first-half 2021 revenue slipped to £5.6 billion from £5.8…

Manchester-based Co-operative Bank said on Thursday it is on track for a return to “sustainable profitability” as it published results for the six months ended June…

Manchester-based Co-op Group has announced it will stop selling plastic “bags for life” because many shoppers use them only once and they have become almost as big…

Manchester-based Co-operative Bank said on Wednesday that US private equity firms J.C. Flowers and Bain Capital Credit agreed to buy a stake in the self-styled…

Manchester-based Co-op Group said on Thursday its revenue for the year to January 2 rose 5.5% to £11.5 billion and underlying profit before tax rose 37.3% to £92 million….

Manchester-based Co-operative Bank, which recently ended talks on a possible sale of the company,  said on Thursday it made a statutory loss before tax £103.7 million in…

Manchester-based Co-operative Bank said on Monday it has ended talks on a possible sale of the company. Co-op Bank has declined to comment on reports…

Manchester-based Co-operative Group said on Wednesday it entered into a 13-year partnership agreement with Markerstudy Group for motor and home insurance products and has sold…

Manchester-based Co-operative Bank said on Tuesday the Prudential Regulation Authority (PRA) confirmed a reduction in the bank’s Individual Capital Requirement (ICR) following its standard Supervisory…

Manchester-based Co-operative Bank said on Friday it successfully closed the issue of its £200 million fixed rate reset callable notes due November 27, 2025. “The…

Manchester-based Co-operative Bank said on Tuesday it has received an approach “regarding the possibility of a sale of the bank and/or the holding company.” Co-op…

Manchester-based Co-operative Bank said on Friday it narrowed its loss in the first nine months of the year. Loss before tax was £68.1 million for…

Manchester-based Co-operative Bank plc said on Tuesday it appointed its chief financial officer Nick Slape to the role of chief executive officer, effective October 31,…

Manchester-based Co-operative Bank plc said on Tuesday that Andrew Bester intends to step down as its chief executive officer and as a director of its…

Manchester-based Co-op Group said on Thursday its half-year revenues increased 7.6% to £5.8 billion for the 26 weeks to July 4 “driven by exceptional performances…

Manchester-based Co-op Group said on Friday it will create 1,000 jobs with new store openings and the extension of existing shops. Co-op Group said it…

Manchester-based Co-operative Bank plc on Tuesday announced proposals to cut around 350 jobs and close 18 branches. “Aside from the specific branches affected, the reduction…

Unite the union has expressed anger at the decision of Manchester-based Co-op Insurance to sell the entire business to Kent-based Markerstudy, which the union claimed…

Manchester-based Co-operative Bank plc said on Thursday it made a statutory loss before tax of £44.6 million in the six months ended June 30, 2020,…

The John Lewis Partnership said on Wednesday it appointed Co-op Group deputy chief executive Pippa Wicks as the boss of its department stores division. Wicks,…

Manchester-based Co-operative Bank said on Wednesday the impact of Covid-19 negatively affected its statutory loss before tax by about £12 million. In a first quarter…

Manchester-based Co-op Group said on Friday its revenue grew 7% to £10.9 billion in the 52 weeks to January 4, 2020. And the mutually-owned group said…