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Co-operatives UK Report Highlights Need for Finance and Laws in Mutual Economy

1 report, 1 independent Updated Thu 00:00
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What happened

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Co-operatives UK released a report detailing the co-operative and mutual economy, which generates £241.3bn in annual income and supports 1.7 million jobs. Rose Marley, CEO of Co-operatives UK, stated that the conditions required to double the sector's size are not yet in place.

From thenews.coop

Why it matters

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The report indicates that the sector requires better access to finance, enabling laws, and business advice that recognizes co-operative ownership. Marley argued that without these conditions, the sector's growth ambitions remain unrealized.

From thenews.coop

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