Partly Cloudy

Partly Cloudy

max temp: 15°C

min temp: 10°C

ESTD 1874 Search

Colchester: MP Sir Bob Russell hails success of East of England Co-operative Society

06:00 04 July 2014

Sir Bob Russell MP

Sir Bob Russell MP

The East of England Co-operative Society and Colchester Credit Union have been praised in the House of Commons by Colchester MP Sir Bob Russell.

shares

Speaking during a debate dealing with amendments and regulations to the Co-operative & Community Benefit Societies and Credit Unions Act 2010, he said he wanted to stress that the East of England Co-op was independent of the troubled Co-operative Group which is based in Manchester.

He told MPs that the East of England Co-op, which operates across Essex, Suffolk and Norfolk, was successful, with turnover and profit up and members still receiving a dividend.

He added that the society’s policy of local sourcing meant that producers and suppliers in East Anglia had themselves created a further 300 jobs.

Sir Bob, a Liberal Democrat, who was a director of the former Colchester and East Essex Co-operative Society for six years, from 1977 to 1983, said that the policy and ethos of the co-operative movement was as relevant in the 21st Century as it was when it was founded in the 19th Century.

Turning to credit unions, Sir Bob said that he was a member of the one in Colchester and he urged the Government to support such local initiatives of self-help, not for profit, voluntary organisations.

shares

1 comment

  • His weekly "LOOK AT MEEEEE" photograph seems to have arrived early this week.

    Report this comment

    beerlover

    Friday, July 4, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

Sizewell A and B

Staff at the redundant Sizewell A nuclear power station will have to wait to find out if their jobs are safe from planned redundancies.

The opening of Precision Marketing's new headquarters in Bury St Edmunds.

An expanding marketing services firm celebrated the official opening of its new head office in Bury St Edmunds yesterday.

Arlingtons new art exhibition, Liz and Ken Ambler at the launch

Music, art, wine and a great deal more

Steven and Debbie Morgan pictured when they took over The Royal Oak earlier this year

Firefighters were called to a pub last night following a water leak which caused flooding.

Abby Curtis who is opening Pump and Grind coffee shop in Great Colman Street with Tom Kerridge

The business team behind a new cafe have said they are disappointed they will not able to serve alcohol when opening for the first time on Saturday.

Rachel Pearlman, Zoe Bradbury, Jack Northcott and Jordan Keeble of Ginger Nut Media team  at the OXO Tower in London, after being awarded as the best level of support during Advanced Apprenticeships.

A digital advertising firm is celebrating after scooping an award for its supportive training regime.

Royal Mail has seen a rise in annual profits.

Royal Mail today reported a rise in underlying annual profits as a squeeze on costs helped offset a lower than expected performance from its parcel business.

Bury Council Building Angel Hill.

The new chairman of Bury Town Council has said he intends to make the authority relevant after claiming it has done “almost nothing” for the last few years.

Tesco  Group Chief Executive Dave Lewis

Tesco paid £4.1 million to new boss Dave Lewis in his first six months after he was brought in from consumer goods group Unilever to turn around the embattled supermarket.

A branch of cash and carry chain Booker

The country’s largest cash and carry chain is to buy Londis and Budgens in a £40million deal to boost its scale amid the ongoing supermarket price war.

Most read

Most commented

Topic pages