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The British co-operative movement is most commonly associated with The Co-operative brand (best known for its supermarket and Funeralcare brands) which has been adopted by several large consumers' co-operative societies; however, there are many thousands of registered co-operative businesses operating in the UK. [3]
Co-operatives UK is a British co-operative federation described as "the central membership organisation for co-operative enterprise throughout the UK". [3] It was founded in 1870 as the Co-operative Central Board, changing its name to the Co-operative Union [4] before finally becoming Co-operatives UK following its merger with the Industrial Common Ownership Movement (ICOM) in 2001. [5]
This reciprocal membership agreement means members of these societies can earn membership points at more than 90% of UK co-operative outlets. Dividend payments are made at the rate of the society where the points were earned, not the society of the member, although the member's society is responsible for distributing the payment.
Credit unions in the UK now offer a wide range of services to their members; including current accounts, payroll deductions, standing orders and insurance. Co-operative or mutual organisations engaging in cooperative banking, such as building societies, have existed in the UK since the 18th century.
The Midcounties Co-operative Limited [4] [a], trading as Your Co-op, is a consumer co-operative in the United Kingdom with over 700,000 members. [2] Registered in England under the Co-operative and Community Benefit Societies Act 2014, it is a member of Co-operatives UK and Federal Retail Trading Services.
Registered under the Co-operative and Community Benefit Societies Act 2014, [1] the Society is a member of Co-operatives UK (formerly the Co-operative Union), the Co-operative Group (formerly Co-operative Wholesale Society) and its national buying scheme, the Federal Retail Trading Services.
Registered under the Co-operative and Community Benefit Societies Act 2014, Central England Co-operative is the second largest independent retail co-operative in the UK and was formed in 2014 following the 2013 merger of the Anglia Regional and Midlands Co-operative societies.
The Chelmsford Star Co-operative Society is an independent consumer co-operative in the United Kingdom. Registered under the Co-operative and Community Benefit Societies Act 2014, [1] the Society is a member of Co-operatives UK, the Co-operative Group and the national co-operative wholesaler Federal Retail and Trading Services. In 1995, it had ...