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Co-operative Union
Co-operatives UK is a British co-operative federation described as "the central membership organisation for co-operative enterprise throughout the UK". It was founded in 1870 as the Co-operative Central Board, changing its name to the Co-operative Union before finally becoming Co-operatives UK following its merger with the Industrial Common Ownership Movement (ICOM) in 2001. Historically associated with the consumer co-operatives, the merger broadened its scope to include worker co-operatives and it now exists to support and promote the values of the entire co-operative movement throughout the UK. During its history, it has been responsible for the organisation of the Co-operative Congresses, the establishment of both Co-operative Commissions and the creation of the Co-operative College and the Co-operative Party.See references in relevant sections of article. The head office, Holyoake House in Manchester, is a Grade II listed building, and was built in 1911 in memory of th ...
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Co-operatives UK Logo-2015
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
'' International Cooperative Alliance.''
Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and managed by the people who consume t ...
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Suma Wholefoods
Suma is the trading name of the Triangle Wholefoods Collective Limited, a worker co-operative wholefoods wholesaler. It was founded in Leeds in 1977 and is now based in Elland, West Yorkshire. It is the largest independent wholefood wholesaler in the United Kingdom as well as the country's largest common ownership co-operative. The co-operative specializes in vegetarian, fairly traded, organic, ethical, ecological and natural products. Its turnover for the year ending 2019 was reported as £54 million, ranking it 49th among British co-operatives. History Suma was started in 1975 by Reg Tayler, who had worked with wholefoods in London. In Leeds, he opened a retail shop. In August 1975, at a meeting all the wholefood shops in the north of England, he proposed they set up a wholefoods wholesaling co-operative in order to supply each other. See also * Greencity Wholefoods Greencity Wholefoods is a worker co-operative wholefoods wholesaler in Glasgow, Scotland. The co-oper ...
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Industrial And Provident Societies Act 1965
The Industrial and Provident Societies Act 1965 (c. 12) was an Act of the Parliament of the United Kingdom that regulated industrial and provident societies in Great Britain and the Channel Islands. From 1 August 2014 it was repealed and replaced by the consolidating Co-operative and Community Benefit Societies Act 2014. The Co-operative and Community Benefit Societies and Credit Unions Act 2010 contained a provision that would have renamed the Act the Co-operative and Community Benefit Societies and Credit Unions Act 1965, but this was repealed on 1 August 2014 before coming into force. History In the UK, and some Commonwealth countries, many co-operatives are registered as industrial and provident societies. Since 2014 the applicable laws now explicitly name co-operatives and community benefit societies in their titles. In January 2012 the UK Prime Minister, David Cameron announced a project to consolidate all the legislation applicable to industrial and provident societi ...
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International Accounting Standards Board
The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation. The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC). It is responsible for developing International Financial Reporting Standards (IFRS) and for promoting their use and application."About the IASB"
IFRS Foundation, 2018.


Background and semantics

The (IASC) had been established in 1973 and had issued a number of standards known as International Accounting Standards (IAS). As the ...
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Consumer Focus
The New National Consumer Council, operating as Consumer Futures, was a non-departmental public body and statutory consumer organisation in England, Wales, Scotland, and, for postal services, Northern Ireland. It was established by the Consumers, Estate Agents and Redress Act 2007, and began operations in 2008 by the merging of Postwatch, Energywatch and the Welsh, Scottish and National Consumer Councils under the Consumer Focus brand. Following the UK Government's 2010 Spending Review, funding from the Department for Business, Innovation and Skills (BIS) for Consumer Focus was redirected to the Citizens Advice Bureau service, and in May 2013 Consumer Focus was renamed Consumer Futures. It was abolished as a non-departmental public body on 1 April 2014, when it was merged into Citizens Advice. History The National Consumer Council was established by the Consumers, Estate Agents and Redress Act 2007, which merged Postwatch, Energywatch and the Welsh, Scottish and National Consume ...
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Performance Indicator
A performance indicator or key performance indicator (KPI) is a type of performance measurement. KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. KPIs provide a focus for strategic and operational improvement, create an analytical basis for decision making and help focus attention on what matters most. Often success is simply the repeated, periodic achievement of some levels of operational goal (e.g. zero defects, 10/10 customer satisfaction), and sometimes success is defined in terms of making progress toward strategic goals. Accordingly, choosing the right KPIs relies upon a good understanding of what is important to the organization. What is deemed important often depends on the department measuring the performance – e.g. the KPIs useful to finance will differ from the KPIs assigned to sales. Since there is a need to understand well what is important, various technique ...
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Corporate Governance
Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions that appear purpose-specific. Writers concerned with regulatory policy in relation to corporate governance practices often use broader structural descriptions. A broad (meta) definition that encompasses many adopted definitions is "Corporate governance” describes the processes, structures, and mechanisms that influence the control and direction of corporations." This meta definition accommodates both the narrow definitions used in specific contexts and the broader descriptions that are often presented as authoritative. The latter include: the structural definition from the Cadbury Report, which identifies corporate governance as "the system by which companies are directed and controlled" (Cadbury 1992, p. 15); and the relational-structu ...
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John Monks
John Stephen Monks, Baron Monks (born 5 August 1945) is a Labour Co-operative member of the House of Lords and former trade unionist leader, who served as the General Secretary of the Trades Union Congress (TUC) in the UK from 1993 until 2003. He also served as the General Secretary of the European Trade Union Confederation (ETUC) from 2007 until 2011, having been made a Life peer in 2010. Early life Monks was born in Blackley, Manchester, and educated at Ducie Technical School in Moss Side. He studied Economic History at the University of Nottingham. Career From 1967 to 1969, he was a management trainee and junior manager with Plessey in Surrey. TUC He joined the TUC in 1969 and by 1977 was the head of the Organisation and Industrial Relations Department, and the Deputy General Secretary in 1987, leading to his election in 1993 as General Secretary. ETUC He was General Secretary of the European Trade Union Confederation, based in Brussels, between 2003 and 2011. Other Inte ...
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Tony Blair
Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of the Opposition from 1994 to 1997, and had served in various shadow cabinet posts from 1987 to 1994. Blair was the Member of Parliament (MP) for Sedgefield from 1983 to 2007. He is the second longest serving prime minister in modern history after Margaret Thatcher, and is the longest serving Labour politician to have held the office. Blair attended the independent school Fettes College, and studied law at St John's College, Oxford, where he became a barrister. He became involved in Labour politics and was elected to the House of Commons in 1983 for the Sedgefield constituency in County Durham. As a backbencher, Blair supported moving the party to the political centre of British politics. He was appointed to Neil Kinnock's shadow cabin ...
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Len Fyfe
George Lennox ("Len") Fyfe, Baron Fyfe of Fairfield (10 April 1941 – 1 February 2011) was a British politician and life peer who sat as a Labour member of the House of Lords. Fyfe was born at Sauchie, Clackmannanshire, the son of George Lennox Fyfe and Elizabeth Struthers Fyfe. He was educated at Alloa Academy and Co-operative College, Loughborough. Fyfe made his career in the Co-operative movement, initially in Scotland; he was general manager of the Kirriemuir Co-operative Society from 1966 to 1968, and regional manager of the Scottish Co-operative Society from 1968 to 1972. He was group general manager of the Co-operative Wholesale Society from 1972 to 1975. He served as Chief Executive of the Leicestershire Co-operative Society from 1975 to 1995, and, following a merger, held the same position at the Midlands Co-operative Society until 2000. He was a member of the East Midlands Economic Planning Council from 1976 to 1979. Fyfe served variously as director, deputy c ...
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Edward Graham, Baron Graham Of Edmonton
Thomas Edward Graham, Baron Graham of Edmonton, (26 March 1925 – 21 March 2020) was a British Labour and Co-operative politician. Career Born in Newcastle, Graham was educated at the Co-operative College and held several positions in the co-operative movement from 1939, becoming National Secretary for the Co-operative Party. During the Second World War he saw active service in the British Army and was seriously injured by enemy fire. Graham was a councillor on Enfield Borough Council from 1961, joining the new London Borough of Enfield in 1964 and becoming its leader for ten years. In 1966, Graham contested Enfield West at that year's general election. He was Member of Parliament for Edmonton from February 1974, serving as a Parliamentary Private Secretary at the Department of Prices and Consumer Protection from 1974 to 1976, then as a government whip from 1976 to 1979, with the title of Lord Commissioner of the Treasury. He was an opposition spokesman on the environme ...
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Pauline Green
Dame Pauline Green, (born 8 December 1948) is a former Labour and Co-operative Member of the European Parliament and former Leader of the Parliamentary Group of the Party of European Socialists (PES). As leader of the PES, she had a central role in the controversy surrounding the failure to discharge the European Commission (EC)'s 1996 budget, bringing the first motion of censure against the commission but voting against it. She then changed her position following corruption allegations raised by EC official Paul van Buitenen to call for Jacques Santer (then President of the European Commission) to react promptly or be sacked. Green lost the leadership of the PES in 1999, which was attributed in part to her handling of the incident. Following her re-election as an MEP in 1999, Green announced that she was retiring from politics to take up a position as the first female Chief Executive of Co-operatives UK, a position that she held until 2009. Her work with the organisation incl ...
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