The Co-operative Bank plc is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester. Established as a bank for co-operators and co-operatives following the principles of the Rochdale Pioneers the business evolved over the twentieth century into a mid sized British high street bank operating throughout the UK mainland. Transactions took place at cash desks in co-op stores until the 1960s, when the bank set up a small network of branches that grew from 6 to a high of 160. Branches for residents of the Isle of Man and the Channel Islands were closed in the 2010s during a significant rescaling exercise. As of 2023 it has 50 branches in the UK.
The Wellcome Trust is a charitable foundation focused on health research based in London, United Kingdom. It was established in 1936 with legacies from the pharmaceutical magnate Henry Wellcome to fund research to improve human and animal health. The aim of the Trust is to "support science to solve the urgent health challenges facing everyone." It had a financial endowment of £29.1 billion in 2020, making it the fourth wealthiest charitable foundation in the world. In 2012, the Wellcome Trust was described by the Financial Times as the United Kingdom's largest provider of non-governmental funding for scientific research, and one of the largest providers in the world. According to their annual report, the Wellcome Trust spent GBP £1.1 billion on charitable activities across their 2019/2020 financial year. According to the OECD, the Wellcome Trust's financing for 2019 development increased by 22% to US$327 million.
The Co-operative Group Limited, trading as Co-op and formerly known as the Co-operative Wholesale Society, is a British consumer co-operative with a group of retail businesses including grocery retail and wholesale, legal services, funerals and insurance retailing.
The Phone Co-op was an independent consumer co-operative in the United Kingdom. It provided landline, mobile telephone and Internet services, including web hosting and broadband. In April 2018, the Phone Co-op board agreed for its operations to be transferred to the Midcounties Co-operative, with the Phone Co-op legal entity ceasing to exist. The brand continued to be operated until 1 June 2018, when it was rebranded to Your Co-op following the completion of the transfer.
An industrial and provident society (IPS) is a body corporate registered for carrying on any industries, businesses, or trades specified in or authorised by its rules.
The CIS Tower is a high-rise office building on Miller Street in Manchester, England. Designed for the Co-operative Insurance Society (CIS) by architects Gordon Tait and G. S. Hay, the building was completed in 1962 and rises to 118 m (387 ft) in height. As of February 2024, the Grade II listed building is Greater Manchester's 12th-tallest building and the tallest office building in the United Kingdom outside London. The tower remained as built for over 40 years, until maintenance issues on the service tower required an extensive renovation, which included covering its façade in photovoltaic panels.
The United Kingdom is home to a widespread and diverse co-operative movement, with over 7,000 registered co-operatives owned by 17 million individual members and which contribute £34bn a year to the British economy. Modern co-operation started with the Rochdale Pioneers' shop in the northern English town of Rochdale in 1844, though the history of co-operation in Britain can be traced back to before 1800. The British co-operative movement is most commonly associated with The Co-operative brand which has been adopted by several large consumers' co-operative societies; however, there are many thousands of registered co-operative businesses operating in the UK. Alongside these consumers' co-operatives, there exist many prominent agricultural co-operatives (621), co-operative housing providers (619), health and social care cooperatives (111), cooperative schools (834), retail co-operatives, co-operatively run community energy projects, football supporters' trusts, credit unions, and worker-owned businesses.
A consumers' co-operative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such co-operatives operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Many cooperatives, however, do have a degree of profit orientation. Just like other corporations, some cooperatives issue dividends to owners based on a share of total net profit or earnings ; or based on a percentage of the total amount of purchases made by the owner. Regardless of whether they issue a dividend or not, most consumers’ cooperatives will offer owners discounts and preferential access to goods and services.
The Midcounties Co-operative Limited, trading as Your Co-op, is a consumer co-operative in the United Kingdom with over 700,000 members. Registered in England under the Co-operative and Community Benefit Societies Act 2014, it is a member of Co-operatives UK and Federal Retail Trading Services.
The history of the cooperative movement concerns the origins and history of cooperatives across the world. Although cooperative arrangements, such as mutual insurance, and principles of cooperation existed long before, the cooperative movement began with the application of cooperative principles to business organization.
Co-operative Banking Group Limited was a UK-based banking and insurance company and a wholly owned subsidiary of The Co-operative Group. Established in 2002, its head office was located at the CIS Tower, Miller Street, Manchester.
Radstock Co-operative Society is a small regional consumer co-operative, which was established in Radstock, Somerset, England in 1868 and in 2023 operated 21 food stores across Somerset, three with post office facilities, alongside a 1,000 acre farm. It is owned and democratically controlled by its customer members, who numbered approximately 7000 in 2014. The society grew from a turnover of £15 million in 2006 to over £35m by 2016, doubling the number of stores over the period. The business has held the Fair Tax Mark since 2016.
Co-op Insurance is the trading name of CIS General Insurance, a general insurance company, which is part of the Co-operative Group, based in Manchester, United Kingdom. Co-op Insurance Services, an insurance intermediary incorporated in 2017, is a wholly owned subsidiary of CIS General Insurance.
Northern Co-operative Society Limited, previously named Northern Co-operative Company Limited, was a local consumer co-operative trading in Aberdeen, Scotland, from 1861 to 1993. It operated supermarkets and other businesses throughout Aberdeenshire, and employed 2000 people in 1992.
Unicorn Grocery is a co-operative grocery store located in Chorlton-cum-Hardy, Manchester, England. As a workers co-op, it is controlled democratically by its members/owners, who run the business with a flat management structure and with an equal rate of pay. Ethics form the foundations of the business, and Unicorn's Principles of Purpose are the framework within which the business operates.
The Co-operative, also known as Co-op, is a brand used by a variety of co-operatives based in the United Kingdom. It is not a single business, but a number of different consumers' co-operatives spanning various sectors.
The Co-operative Travel is a travel agency brand used by some independent retail co-operatives in the United Kingdom, such as Midcounties Co-operative, through their access to The Co-operative brand. Between 2011 and 2016 the brand was also used by TCCT Retail Limited, a travel agency run as a joint venture between the Thomas Cook Group, The Co-operative Group and Central England Co-operative.
Central England Co-operative, trading as Central Co-op, is a regional consumer co-operative in the United Kingdom, based in Lichfield and which trades from over 400 sites across the English Midlands and East Anglia. The business is owned and democratically controlled by its members who can stand for election to the board and who also share in the society's profits. A proportion of the profits of the business are also invested in local community groups through its community dividend grants programme and its more than 60 member classes.
The Irish Agricultural Organisation Society (IAOS) was an agricultural association in Ireland which advocated, and helped to organise, agricultural cooperativism, including mutual credit facilities. From its establishment by Sir Horace Plunkett in 1894, it quickly became an important element of the Irish economy and laid the foundations of the successful Irish dairy industry.
