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Co-operatives UK is a British co-operative federation described as "the central membership organisation for co-operative enterprise throughout the UK". [3] It was founded in 1870 as the Co-operative Central Board, changing its name to the Co-operative Union [4] before finally becoming Co-operatives UK following its merger with the Industrial Common Ownership Movement (ICOM) in 2001. [5]
Only the workers own shares of the business. It is estimated that there are approximately 403 worker owned and controlled co-operatives in the United Kingdom. In 2009 Co-operatives UK recorded a combined turnover of £144 million with assets of £32 million as part of the Co-operative Review 2009. [46]
This problem was affecting the whole co-operative sector in the UK and following the report from the Co-operative Commission in 2001, [135] The Co-operative Group was heavily involved with the process of developing a single updated version of The Co-operative brand for use by many consumers' co-operatives in the UK.
Co-operatives UK was founded out of concerns that the success of the Co-operative Movement might lead to a loss of identity and its original vision, and was intended to be a national organisation to bind the Movement together and emphasise the role of co-operatives in wider society. [12]
C. Channel Islands Co-operative Society; Co-op Insurance; Co-op News; Co-operative and Community Benefit Societies Act 2014; Co-operative and Community Benefit Societies and Credit Unions Act 2010
The National Association of Co-operative Officials (NACO) was a trade union for staff in the co-operative sector in the United Kingdom, principally the Co-operative Group and other retail societies, Co-operatives UK and the Co-operative Party.
Co-op is a UK supermarket chain and the brand used for the food retail business of The Co-operative Group, one of the world’s largest consumer co-operatives. As the UK’s fifth largest food retailer, Co-op operates nearly 2,400 food stores.
The Co-operative Party (Welsh: Y Blaid Gydweithredol) is a centre-left political party in the United Kingdom, supporting co-operative values and principles. The party currently has an electoral pact with the Labour Party.