Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Letter: Co-op movement down but not out

Richard Bickle
Thursday 24 April 1997 23:02 BST
Comments

Sir: As a conviction co-operator, I question some of the assertions made by Hamish McRae ("Are we really becoming less co-operative?", 23 April).

The established co-operative movement may be down but it is certainly not out, with many societies improving on the poor results of past years (for example, the Oxford, Swindon and Gloucester Society increased profits 33 per cent last year to pounds 5.1m).

Additionally, a rapidly growing number of new co-operatives of various kinds are being set up all the time. These include credit unions and informal food co-ops as well as housing and workers' societies.

Agricultural buying co-ops now account for a larger turnover than the rest of the consumer movement combined and more than their private-sector competitors in this market.

I trust that all those who believe in the co-operative ideal will join their local retail society, shop in its stores and help to revitalise democracy and accountability by attending meetings and making their voices heard.

RICHARD BICKLE

Norwich

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in