Co-operative groups outpace wider economy

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The Independent Online

Britain's co-operative sector outperformed the wider UK economy last year in a boost for businesses owned by their employees or customers. Co-operatives UK said the combined turnover of mutual organisations rose 4.4 per cent last year. The biggest growth was at employee-owned firms such as John Lewis and Suma Wholefoods, while the customer-owned Co-operative Group's £14bn revenue made it the biggest business.