Co-op boss: We're still the largest shareholder in the bank
The chief executive of The Co-operative Group, Euan Sutherland, answers questions from two long-term members of the Co-op.
In this 90-second summary Ian Chamberlain asks whether the group can still legitimately call itself a co-operative and David Cooper, who's banked with the Co-op for forty years asks whether the organisation has the potential to take back more control of its own bank in the future.
In 2013 The Co-op Group was forced to give up control of the bank to outside investors after there was a £1.5 billion pound black hole in its accounts. It still controls a 30% stake, but retains the right to veto any change that could conflict with the group's ethical values.