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Co-op

  • Retailers back on alert after new wave of cyber attacks

    Retail

    When Asos customers were sent a cryptically-worded push notification on Tuesday last week, some shoppers thought they were being hawked the fast fashion retailer’s new Christmas collection.  One thought the alert was “some crappy marketing scheme to get me to check the app and to view their snowflake collection,” they wrote on X. The notification [...]

    Fashionable shoppers on Drottninggatan in Stockholm, showcasing H&Ms latest trends.
  • Retailers press Healey to cut high street taxes at crunch Downing St meeting

    Retail

    Retailers urged John Healey to “reverse the damage” of rising high street taxes as the Chancellor met industry bosses on Tuesday.  Top retailers including Tesco, Sainsbury’s and Marks & Spencer pressed Healey on business rates and youth unemployment but the Chancellor stopped short of confirming any Budget measures.  Healey hosted high street bosses at Number [...]

    Bald man in white shirt and red tie walking past a dark SUV, holding a jacket over his shoulder
  • Co-op blames job cuts on Labour national insurance raid

    Retail

    Co-op group has slashed its headcount this year to handle the added costs of Labour’s national insurance raid, its chief executive has revealed, saying the tax hikes had pushed the retailer to invest in more automation. The group, which runs life insurance and funeral businesses as well as its grocery arm, said on Wednesday that [...]

    Close-up of a blue illuminated Co-op sign hanging outside a building, with a dark background.
  • The business case for international aid spending

    September 23, 2026

    UK development spending is good for British business. I know, I've seen it first hand, writes Co-op policy director Paul Gerrard.

  • Co-op looks to funeral arm in hunt for turnaround from cyber-attack

    September 23, 2026

    Co-op posted a jump in turnover at its funeral arm, as the member-owned group said it is setting out the foundations to recover from a costly cyber-attack last year.  Kate Allum, interim chief executive of the food-to-insurance firm, said the group is facing a “year of two halves” and will see its turnaround plan deliver [...]

  • As it happened: Oil price rise boosts Shell and BP, FTSE 100 rally fades

    September 23, 2026

    Good morning from the City desk at City AM. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines today: The liveblog has ended.No liveblog updates yet. Load more

  • Black market cigarette trade ‘accelerating high street decline’, Co-op tells Burnham

    September 9, 2026

    Criminal gangs selling illicit cigarettes in shops across the UK are “accelerating” the decline of Britain’s high streets and must be stopped, the Co-op has warned Andy Burnham. The black market trade of tobacco is undermining the Prime Minister’s push to rejuvenate UK high streets, eroding public safety and weakening community cohesion, the cigarettes-to-funerals seller [...]

  • Warehouse tax could threaten high street businesses, Burnham warned

    July 20, 2026

    Andy Burnham‘s plans to hike taxes on warehouses to pay for business rates cuts for pubs and shops could backfire and raise costs for high street businesses, industry figures have warned. The UK Warehousing Association (UKWA), a trade body representing retailers including Amazon, Co-op and John Lewis, has written to the new Prime Minister urging [...]

  • BRC chief: Red tape ‘weighs heavily’ on retailers

    April 23, 2026

    Helen Dickinson, the boss of leading trade body the British Retail Consortium, believes red tape “weighs heavily” on retailers. She speaks to Felix Armstrong about food inflation, workers’ rights and her meeting with the Chancellor. Helen Dickinson was six weeks into her job as chief executive of the BRC when the horsemeat scandal landed on [...]

  • Co-op merger to bring huge shakeup to retail and funeral giant

    April 9, 2026

    The Co-op Group is preparing to takeover the Southern Co-op, in a merger which would bring a major shakeup to the retail and funeral giant in its bid to move on from a crushing cyber attack. The deal would see the group snap up around 300 food stores, funeral branches and Starbucks coffee shops. The [...]

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