EDM | Performance Of Co-Operatives

Posted on: 11th July 2011

Andrew George MP has signed  EDM number 2015 in 2010-11, proposed by Bob Russell on 30/06/2011.

The motion reads,

That this House notes with admiration the news that Britain’s co-operative sector out-performed the wider UK economy in the past year in a boost for businesses owned by their employees or customers; welcomes the statement from Co-operatives UK which says that the combined turnover of mutual organisations rose by 4.4 per cent., with the biggest growth recorded at employee-owned firms such as John Lewis, while the customer-owned Co-operative Group was the biggest business with a revenue of 14 billion; and calls on the Government to pursue policies which will encourage the establishment of new co-operative and mutual enterprises.