Co-oped Up (Not Enough Champagne Podcast Appearance)

Shaz appears on the podcast again to discuss how we can grow the Co-op sector

Back in December, I appeared on the Not Enough Champagne Podcast to talk about Co-operatives. We talked about my experiences of being members of many Co-ops and a policy report from the New Economics Foundation report, “Co-operatives Unleashed” about doubling the size of the Co-operative movement.

Below are some notes from the podcast. If the notes interest you, you can listen to the episode here.

  • A way of structuring an organisation that the stakeholders have ownership over it. There are many types, Three types. examples include Birmingham Friends of the Earth. A Community Benefit Society. A Co-op designed for social good. The members vote in the Board of Directors.

Central England Co-op is a retail Co-op. Employees can be employees and so can                  customers.

  • Workers Co-ops. Where the employees own the business in Birmingham, examples include the Birmingham Bike Foundry and Loaf


  • They are very different, but they all have similar values. Co-ops have a higher buy in from their members. The community benefit stays within the communities that the members live in more than many multinational PLC juggernaut. The biggest Co-ops paid more tax than the likes of Amazon and Starbucks.


  • When people work together, they can support each other. They empower workers. Support structures are placed in the Governance structures. Co-ops tend to be more resilient, have lower levels of staff turnover. Members can feedback and have more influence over the Co-op that they are members of.


  • There is a lack of support from Government for Co-ops. It is not taught at schools. They come under the FCA rather than Companies House. Accessing capital for Co-ops can be harder than other organisational structures.


  • Co-ops are in many forms that a lot of people won’t realise. For example, Credit Unions and Building Societies have Co-operative structures.


  • New Economics Foundation report says to set up an investment bank to help fund Co-ops. Make it easier to run a Co-op, being audited by the FCA is much more stringent than other types of structure.


  • Accelerate the switchover of businesses to become Co-operative.


The New Economics Foundation has the following policy recommendations.


A new legal framework for co‑operatives.
Finance that serves the co‑operative agenda.
Deepening co‑operative capabilities through a Co‑operative Development Agency.
Transforming business ownership.
Accelerating community wealth building initiatives.

Share this post

Subscribe to my Site via Email

Enter your email address to subscribe to my site and receive notifications of new blog posts by email.

Leave a Reply

Your email address will not be published. Required fields are marked *