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Showing posts from September, 2015

Some interesting things that you might have missed.

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The September of the Co-operative Group Members Council is fast approaching, after which I'll be blogging my usual thoughts and observations.. In the meantime, I thought I would share some interesting items that have caught me eye recently. Co-operative Group Half Yearly Results. Group revenue stable at £4.6bn (2014: £4.7bn) Core Food convenience business delivered like-for-like sales increase of 3.3%, with like-for-like sales up 0.8% overall for the Food business Funeral volumes increased by 12%, driven by the busiest start to a year since 2008 General Insurance (GI) revenue reduced in line with expectations, ahead of implementation of the new member-focused business strategy Group underlying profit before tax* of £64m (2014: £1m loss), reflecting robust trading in Food and Funerals and improved General Insurance performance Statutory profit before tax of £36m (2014: £9m loss) Investment in the Rebuild is underway Capital expenditure increased to £144m (20