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A cooperative is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned enterprise". Cooperatives may include:
The Co-operative Bank plc is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester.
The Co-operative Group, trading as the Co-op, is a British consumer co-operative with a diverse family of retail businesses including food retail and wholesale; e-pharmacy; insurance services; legal services and funeralcare, with in excess of 3,700 locations. It is the largest consumer co-operative in the UK and Isle of Man and is owned by more than 4.6 million active members. Membership is open to everyone, provided they agree to subscribe £1 sterling in the capital of the society and share the values and principles upon which the group was founded. Members are democratically involved in setting business strategy, decide how social goals are achieved, and share in its profits – in 2018, £79M was returned to members and their chosen local community causes via the 5+1 scheme. The Group also owed £792M to its lenders.
Britannia was a mutual building society in the United Kingdom. It had its headquarters in Leek, Staffordshire, and was the second-largest building society in the UK at 31 December 2007. It became an important provider of both mortgages and savings, as well as commercial lending.
The United Kingdom is home to a widespread and diverse co-operative movement, with over 7000 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 which aims at fulfilling the needs and aspirations of their members. They operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Consumers' cooperatives often take the form of retail outlets owned and operated by their consumers, such as food co-ops. However, there are many types of consumers' cooperatives, operating in areas such as health care, insurance, housing, utilities and personal finance.
The Midcounties Co-operative 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 the Co-operative Retail Trading Group.
United Co-operatives Limited, or simply United Co-op, is a now defunct regional consumer co-operative in the United Kingdom, until its merger with the Co-operative Group in 2007. The society operated across Yorkshire, the North West and North Midlands of United Kingdom. In September 2002, it came about from the merger of United NorWest and Yorkshire Co-operative Society.
Midlands Co-operative Society Limited was the second largest consumer co-operative in the United Kingdom. It was a registered Industrial and Provident Society, a member of the Co-operative Union, the Co-operative Retail Trading Group and a corporate member of The Co-operative Group, the largest consumer co-operative in the world. The Society had a wide-ranging and extensive portfolio with over 200 stores, principally trading in the English Midlands. Head office was located in Lichfield, Staffordshire.
Raunds Co-operative Society Limited was a consumer co-operative society based in Raunds, Northamptonshire, founded in 1891.
Musselburgh and Fisherrow Co-operative Society Limited was a retail consumer co-operative trading in the Scottish towns of Musselburgh and Dalkeith. It was founded as a co-operative in 1862, and, in 2007, joined the small number of UK co-operative retailers to demutualise.
Lothian, Borders & Angus Co-operative Society Limited , founded in 1839 in the Scottish Borders, was the oldest independent consumer co-operative in Scotland until it merged with The Co-operative Group in December 2008. It operated over 50 food stores in the south and east, as well as some other retail businesses, and funeral services. At the time of the merger, Lothian Co-op was owned by 65,000 consumer members on a one member one vote basis.
Co-op Food, previously trading as The Co-operative Food, is a brand devised for the food retail business of the consumer co-operative movement in the United Kingdom. The brand is used by over 15 different co-operative societies which operate over 4,000 shops, and does not represent one single food retail business. The successor to Co-op Welcome and a range of regional formats, the latest version of the brand was introduced in 2016 with a significant advertising campaign. Customers of many of the larger UK co-operative societies can earn an annual share of the profits at any "Co-operative" branded shop in proportion to purchases through The Co-operative Membership scheme.
Anglia Regional Co-operative Society Limited was the fifth largest consumer co-operative in the United Kingdom. It was formed by the merger of the Greater Peterborough Regional and Anglia co-operative societies in 1987. The Society had a wide-ranging and extensive portfolio with over 80 stores, principally trading in East Anglia. Head office was located at Westgate House, Peterborough until 2011.
The Co-operative is a common branding used by a variety of co-operatives based in the United Kingdom.
The Co-operative Travel Trading Group was the central buying group for co-operative travel agents in the United Kingdom. It was established along the same lines as the Co-operative Retail Trading Group when the Co-operative Group merged its own five travel operations in 2003.
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.
Co-op Funeralcare is the trading name of Funeral Services Limited, a wholly owned subsidiary of The Co-operative Group, based in Manchester. It operates over 1,000 funeral homes and is the largest funeral director in the United Kingdom, accounting for 16.5% of the "at need" funeral market during 2016. Co-op Funeralcare is a member of the National Association of Funeral Directors and is also Funeral Planning Authority registered.
The Heart of England Co-operative Society is an independent consumer co-operative in the United Kingdom. Based in Coventry, the Society trades in the English counties of West Midlands, Warwickshire, Leicestershire and Northamptonshire.
Central England Co-operative 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.
References
- ↑ "Mutuals Public Register, Moulton Co-operative Society Limited, number 259". FSA . Retrieved 2009-01-22.
- 1 2 Bowman, Dave (2009-01-20). "Moulton Co-op to join forces with Midlands". The Co-operative News.
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