Co-op Group members vote in favour of reforms
Members of the Co-operative Group have voted overwhelmingly in favour of radical reforms to how the business is run, after losses of £1.5bn last year.
Proposals by the former City Minister, Lord Myners, were accepted in principal in May, but faced stiff resistance from some key Co-op members, who forced through changes to the original plans.
Today 83% of members voted in favour of the changes.
Joe Lynam reports.
30 Aug 2014
- From the section Business