Co-Operative Members Back Radical Reform

Members of the struggling Co-op have unanimously backed a major overhaul of the group.

It paves the way for radical reforms proposed by former city minister Lord Myners to go-ahead.

A timetable for carrying out the changes will be agreed at a board meeting later this month, says the Co-op as it warned tough times lay ahead.

Some reforms will need rules to be altered, and so require further votes.

More follows…

17 May 2014 | 2:18 pm – Source: orange.co.uk
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