Monthly Archives: October 2013

Rumour has it that formal announcements to the markets and bondholders about the future of the bank will be made on Monday 4th November. In the meantime Ethical Consumer has launched a campaign on the basis of “staying ethical: returning … Continue reading →

October 30, 2013 by isn | Leave a comment

Now that I’m back from Brussels it’s time to have a closer look at the use of the word “Co-operative” in the name of a bank 70% owned by Stock Market investors and 30% by the Co-operative Group. I argue … Continue reading →

October 24, 2013 by isn | 4 Comments

It certainly was a sad day when I learned that the Co-operative Bank is to become a majority investor owned company in the hands of vulture funds when the full deal is announced on Monday 28th October.  Although that was … Continue reading →

October 23, 2013 by isn | Leave a comment

Thanks to Software.coop, which I refer to as my IT department (sorry folks ; ) ), for an analysis of recent changes to the Code and comparisons with Linux. Keep up the good work on all fronts.

October 4, 2013 by isn | Leave a comment

I’ve not been keeping my eye on this ball very closely and now need to do some updating. The Co-op Group plans to redeem £200 million of its Eurobonds next month as, it seems, part of the run up to the new … Continue reading →

October 2, 2013 by isn | Leave a comment