I have been a member of the Co-operative group for a quarter of a century and a Co-operative bank account holder for over 20 years. I have a Britannia savings account and a Co-op pension plan. If I’d died, I would probably have had a Co-operative funeral. I’m a Co-op member not because of a party political allegiance but because I’ve identified with its stated ethical principles, because it was responsive to local people at a local level, and because it offered a dividend for shopping locally.
There are a lot of people like me out there – a fact that the Co-operative group seems recently to have forgotten. Sadly, despite its ethical policies the Co-operative Group seems to have been supporting ‘the man’ rather than ‘the little man’
Yesterday, I wrote to the group as follows:
I would like to ask you to confirm
- whether the Co-op group really did donate £50k to Ed Balls’ office last year?
- that the Coop group will NOT be paying a dividend to its many members this Christmas because the Group cannot afford it?
- and that if these two are both the case, how the Co-operative Group can possibly square this with its ‘ethical policies’ which supposedly support the ‘little man’ (eg Co-operative members) as opposed to ‘the man’ (eg Ed Balls – who surely is quite wealthy enough to donate £50k to his own damn office if he feels it needs it).
This is not a frivolous question and I hope for a serious answer. I will post it