The long-delayed and even longer-awaited reforms to rename Industrial and Provident Societies are soon to come into force. Ian Snaith, legal expert on IPSs writes on his blog that the changes which were passed into law some years ago will finally soon be implemented. The biggest impact is that soon, IPSs will be able to call themselves Co-operatives Societies or Community … [Read more...]
2012 Co-op Legacy for London
Last year was the first ever UN Year of Co-operatives, seeing a huge amount of activity across the world to celebrate and promote co-operatives. Here in the UK, events culminated in a global gathering in manchester, Co-operatives United, which saw over 10,000 people visit Manchester Central Conference Centre to learn more about the movement from the co-ops from 5 continents … [Read more...]
Co-ops turn cash flow problems into community solutions
One of the biggest- if not the biggest - danger to any business is a cash flow crisis. You could have a profitable business in general, but if the money you have and the money you need don't match up, then you've got problems. One village shop is benefitting from a novel solution by getting its customers to pay for their goods in advance. That gives them money up front to … [Read more...]
Trusted and Local
The themes for this year's Co-operatives Fortnight will highlight the strong identification people have of co-ops as organisations and enterprises as enterprises that are trusted and local. … [Read more...]
New Worker Co-op Guidance Code Published
Co-operatives UK have just published a new worker co-op code of governance. It's been produced by the Worker Co-op Council, the body which represents worker co-ops within the UK's co-operative movement, and isn't there as a prescriptive template, but more to help worker co-ops work out how best to reflect their co-operative status using the the 7 Rochdale Principles … [Read more...]