max temp: 15°C

min temp: 15°C

ESTD 1874 Search

UK: Co-op Group in farm sell-off

10:51 26 February 2014

The Co-operative Group has announced the sell-off of its farms

The Co-operative Group has announced the sell-off of its farms

The Co-op Group is to sell its farming assets and will consider the future of its pharmacy business as part of plans to revive the troubled mutual.


The group, which is reportedly set to announce losses of £2 billion in results for 2013 due next month, has started the process of selling the agriculture business.

It employs around 200 people across 15 farms covering 17,200 hectares, a spokesman said.

One of the farms is at Coldham Estate at Wisbech in Cambridgeshire, and it also has three packing sites.

The group confirmed that it is exploring options on the pharmacy business, including the sale of all or part of the operation. The division is one of the UK’s three largest pharmacy chains, with 750 branches and 6,500 staff.


1 comment

  • The Co-op Group is of course entirely separate from the East of England Co-op, which as far as I know remains financially sound. Therefore the effect in our part of East Anglia should be limited. For example, Co-op pharmacies in and around Ipswich should remain unaffected.

    Report this comment


    Wednesday, February 26, 2014

Rory Marriott, who was sent on a nearly 30mile diversion

We all bemoan the diversions which close the highways and byways of Suffolk when roadworks are set up.

The Orwell Bridge

There have been a number of crashes on the county’s roads this morning.

Campaigners have been calling for a by-pass for decades.

Local councils are to spend £500,000 in a bid to kick-start proposals for a four villages’ by-pass – a move that could see the road opened by 2021.

Paul Clement, chief executive of Ipswich Central

A major conference aimed at pushing ahead with dramatic changes to Ipswich town centre is to be held at the end of this month.

The area in Clarkson Street where two gangs fought on September 23

An Ipswich mother-of-two has told of how she was left terrified after getting caught up in the middle of fighting between groups of young men wielding bricks, lumps of wood and an axe.

David Acton, Hannah Hutch and Patti Love in Jane Wenham-The Witch of Walkern, which is touring Suffolk and Essex

A leading Suffolk private school has cancelled a play by an Oscar-winning and National Theatre-sponsored playwright because of fears about bad language and its subject matter which covers child abuse.

Sharon Halls and Daniel Compton's baby, Evie

The mother of a premature baby born 12 weeks early in the Dominican Republic has said they are not expecting to travel home before December.

Police have defended the use of an offender rehabilitation scheme

The leader of a scheme to rehabilitate prolific offenders in Suffolk has clarified its responsibilities after a sex scandal involving one of its team attracted attention.

Dan Poulter with employees at B&Q

The proposed closure of the B&Q superstore on the edge of Ipswich will lift a huge question mark over the future of one of the town’s largest retail parks.

Talented golfer William Turner, 18,  from Shoeburyness

A teenager who has been sentenced for causing the death of his best-friend will live with his actions “forever”.

Most read

Most commented

Topic pages