the Business Forum and
the Economic Partnership
in Brighton & Hove
Homepage    BCRP Intranet    Funding    Events    Knowledgebase    Links    About us     Contact us
Key projects
Crime
reduction
 


Inward
investment
information
 


Licensee
Forum
 

Workforce development 

Transport
 

Business &
climate
change

Property &
Development sites

Business
Improvement
Districts

Housing
 

Strategy
 

Consultation opportunities
 

Brighton & Hove Business Forum
8-11 Pavilion Buildings, Brighton, BN1 1EE
Tel: 01273 735442
Email: info@brighton
business.co.uk

© Brighton & Hove
Business Forum

News - 19 June 2017

Co-ops on the up

At a time of increasing inequality, a new report reveals the UK co-operative sector is being buoyed by growing desire for a fairer economy

Report shows a buoyant co-operative sector that is giving people a stake in the economy. The UK’s 7,000 independent co-ops turn over £36bn a year and employ 226,000 people. The number of active members continues to grow, reaching 13.6 million.

Co-operative retailers have performed well, with particular growth evident among new tech co-ops. With political instability over the last year indicating a public demand for a fairer economy, new figures released before the Queen’s speech, show the resilience and growth of the UK’s co-operative sector.

In its annual state of the sector report, The UK co-operative economy 2017, trade body Co-operatives UK finds that there are 6,815 independent co-operatives across the UK, ranging from high street retailers and farmer owned businesses to community sports clubs and web developers, which together turned over £36 billion last year.

The number of people who own and have a say in how the UK’s co-ops are run is also on the rise, with 700,000 new members over the last year, bringing the total to 13.6 million active members. The upsurge stems from a membership drive by the UK’s largest customer-owned business, the Co-op Group and new people joining other co-operative retailers, community owned businesses and credit unions.

The report includes new polling data conducted by YouGov showing that people want more of a say over the economy, with two thirds of people saying that they have no control over the economy, and only quarter saying they can influence either their workplace or their local area.


Read related items on:
Cooperative Sector


Browse our business Knowledgebase or search by keyword


Headlines

20 September 2017
circus street welcomes first apprentice
20 September 2017
Peter Blake live raffle draw in aid of local school 20 September 2017
Rampion reaches major milestone as the final turbine is installed 20 September 2017
TICKETS ON SALE THIS WEEK FOR THE ROYAL PAVILION ICE RINK'S WINTER SEASON 18 September 2017
Virgin StartUp Meetup Brighton 14 September 2017
The future of the workplace 12 September 2017
NSAFS Certificate in Leadership and Management 7 September 2017
Greater Brighton chiefs welcome the British Science Festival to town 4 September 2017
The case for 'Putting it Right' Sessions. 31 August 2017
Gatwick Diamond Meet the Buyers - Understanding Airport Based Business Procurement 31 August 2017
BTN BikeShare goes live on September 1 31 August 2017
10,000 Small Businesses Open for Winter 2018 Cohort 31 August 2017
Business Rates Discretionary Rate Relief consultation 31 August 2017
Business Leaders Lunch with Beverly Sawyers 31 August 2017
Brighton Digital Festival announces 2017 programme 31 August 2017
Exporting products and services to Asia 30 August 2017
Sustainability in Action 30 August 2017
Free online leadership and management training for SME employers 30 August 2017
The LoveLocalTalent Conference has landed 30 August 2017
Coast to Capital Local Enterprise Partnership announce European Social Fund (ESF) calls 30 August 2017
Port searches for local talent 16 August 2017
New workspace in Hove 15 August 2017
Old Brighton Met site to be converted to residential 8 August 2017
Circus Street development begins 7 August 2017
Free Dr Bikes for Businesses and Organisations in Brighton & Hove 4 August 2017
2017 Brighton and Hove Business Awards Shortlist Revealed 3 August 2017
Queens Road shop loses its off licence. 2 August 2017
£1.8 Million 'Start-Up Series' Equity Fund Opens New Investment Round 2 August 2017
Shoreham Port Revised Masterplan Out now 2 August 2017
Desperate shortage of office space 2 August 2017
Bagelman rewards customers who embrace the new paperless loyalty card with free bagels 31 July 2017
IKEA moves a step closer 25 July 2017
Data Protection law is changing 21 July 2017
Sussex and Brighton Universities put forward a boundary-pushing programme for the British Science Festival 2017 20 July 2017
Greater Brighton leaders make Brighton Main Line investment a priority 20 July 2017
Royal Patron for children's charity 14 July 2017
Rampion windfarm hits half way mark 12 July 2017
Brighton still rocks 11 July 2017
Brighton is the UK's most entrepreneurial city 6 July 2017
Brighton Chamber elects new President