Government must act decisively on Northern Rock - and re-mutualise!
The Co-operative Party today called on the Government to act decisively on the future of Northern Rock and announce that it would put the bank on the road towards re-mutualisation. Reports in today's Guardian suggest there is high-level Government support for this approach.The Party has led the push for re-mutualisation for several months through its The Feeling's Mutual campaign, backed by organisations like Unite the Union an

The Co-operative Party backs Huw Lewis for Labour Leader in Wales

Independent report backs Co-operative Party campaign to re-mutualise Northern Rock
The Co-operative Party has called on the Government to act decisively on an independent repor

Tory fire sale of failed banks would be a disaster
The Conservatives have today announced that they intend to rush through a return of the failed banks to the private sector, with a priority given to raising cash, not remodelling our economy into a fairer and safer system. The Co-operative Party said today that the Tories' announcement of a hasty sale of shares in the nationalised banks would be a grave error that would punish ordinary taxpayers.General Secretary Michael Stephenson said "Thatcher-style privatisations don't give ordinary people a say in how their banks are run. They just concentrate power in the hands of