The Co-operative Bank leads the way in responsible lending and sees 50% fall in repossessions

The Co-operative Bank leads the way in responsible lending and sees 50% fall in repossessions
Against a backdrop of the mortgage industry prediction of 75,000 repossessions this year, new figures from The Co-operative Bank Mortgages show that despite the current economic climate, the number of repossessions at The Co-operative Bank has actually halved over the past […]

The Co-operative Bank Introduces changes to their mortgage range

The Co-operative Bank Introduces changes to their mortgage range
The Co-operative Bank is pleased to confirm positive changes for the 3 Year Discount Mortgage and the re-launch of the 3 Year Fixed Rate Guarantor Mortgage.
These changes will be introduced on Monday 27 th April 2009. Details are as follows:
3 Year Discount*
Existing product replaced […]

Hospital car parking fees top the list of life’s biggest injustices

Hospital car parking fees top the list of life’s biggest injustices
Having to pay and display whilst visiting loved ones in hospital is life’s biggest injustice payment according to new research released today (April 24) by The Co-operative ISA’s.
Hospital parking charges head the top 20 of raw deals, with 1 in 6 (17 per cent) […]

Thefts predicted to soar as recession-hit unemployed turn to crime

Thefts predicted to soar as recession-hit unemployed turn to crime
Leading home insurer, The Co-operative Insurance, is urging homeowners to be vigilant about security as it predicts a possible credit crunch crimewave could hit the UK in the next six months.
With the recession taking hold and the number of redundancies now standing at more than […]

The Co-operative Bank launches Credit Card Plus Pick and Mix benefits package worth up to £500

The Co-operative Bank launches Credit Card Plus Pick and Mix benefits package worth up to £500
The Co-operative Bank is launching a new family travel and lifestyle benefit package which can be added to any Co-operative Bank Credit Card product offering customers an opportunity to choose benefits to suit their personal needs.
The new benefits are available […]

The Co-operative Insurance launches new sector-specific business insurance

The Co-operative Insurance launches new sector-specific business insurance
The Co-operative Insurance has launched a new range of specially designed sector-specific, flexible packaged business insurance products.
The range of tailored insurance products have been developed to meet the protection needs of the self employed, shop and salon owners, publicans, restaurateurs, hoteliers, office and surgery owners and residential […]

Annual Result Highlights for The Co-operative Financial Services (CFS) for the year ended 10th January 2009

Annual Result Highlights for The Co-operative Financial Services (CFS) for the year ended 10th January 2009
CFS re-affirms the strength of the co-operative renaissance with a strong, resilient trading performance in 2008”
Business Highlights
On a like for like basis total shareholder profit before tax was £147.0m (2007: £155.4m)*
Key points:
Very strong trading performance in […]

The Co-operative Investments Announces With-Profits Rates

The Co-operative Investments Announces With-Profits Rates
The Co-operative Investments today (1 April) announced its annual bonus rates on with-profits policies.
Key points:
The With-Profits Fund benefited from having a diversified asset mix delivering a return of -11.6 per cent during the year. This compares with a return of -26.1 per cent on the FTSE All-Share index (total […]

The Co-operative Group completes its acquisition of Somerfield

The Co-operative Group completes its acquisition of Somerfield
The Co-operative Group, the UK’s largest mutual retailer, has completed its £1.565bn acquisition of the Somerfield supermarket chain.
The deal propels The Co-operative into the “premiership” of food retailers, creating a stronger fifth player in the UK grocery market with 8 per cent market share and 3,000 stores generating […]

Clipstone store scoops national award

Clipstone store scoops national award
Winning smiles… David Rees (left) Editor of Convenience Store and awards ceremony host Gyles Brandreth (right) present the trophy to Clipstone Manager Tina Hindley and Deputy Manager John Dacombe
The Co-operative Food store in Clipstone, Nottinghamshire, has won a top retail award from Convenience Store magazine.
It has been named Multiple Convenience Store […]