Richard Pennycook: “A significant element of our 2014 profit relates to one-off disposal gains on the sale of our farms and pharmacy businesses and property disposals”

The Co-operative Group, a British supermarkets-to-funerals operator that almost collapsed in 2013, said it was rescued by selling assets and could now(...)

Planet Business

Image of the week: Good impressionists Edouard Manet’s Le Printemps is pictured on display at Christie’s Auction House in Paris, where it is about to (...)

AIB swallowed about €22 billion of taxpayers money to keep it afloat.

AIB’s new chairman-designate, the British banker Richard Pym, is a most interesting appointment to oversee the board of what was once the country’s to(...)

Ian Read, chairman and chief executive of Pfizer leaves Portcullis House after attending a parliamentary business and enterprise committee hearing on the possible takeover of AstraZeneca, in London.

As Westminster grillings go, the enquiry into Pfizer’s proposed £63 billion (€77 billion) takeover bid for AstraZeneca was a relatively restrained aff(...)

Paul Flowers, former chairman of Co-Operative Bank Plc, center, arrives at Leeds Magistrates Court in Leeds, UK, this morning. Flowers, the former chairman of Co-Operative Bank, appeared at court charged with possession of cocaine, crystal meth and ketamine, almost a month after the lender said it would post a full-year loss of as much as £1.3 billion pounds. Photograph: Paul Thomas/Bloomberg

Paul Flowers, the former chairman of Co-Operative Bank Plc, was fined £525 pounds after pleading guilty to possession of cocaine, crystal meth and ke(...)

A Co-Operative Food store, operated by the Co-Operative Group , is seen through the passenger window of an automobile in Disley, UK. Photographer: Paul Thomas/Bloomberg

A former government minister appointed only four months ago to revive Britain’s Co-operative Group quit the job today, throwing the 170-year-ol(...)

It’s far from clear what Mike Ashley’s plans are for the 11 per cent stake he now owns in House of Fraser

What is Mike Ashley up to? First, in a move that caught the City on the hop, he gate-crashed the Chinese takeover of House of Fraser, snapping (...)

Beware the wise words of others

Last week I got an email from a young reader asking me to pass on the wisest piece of advice that I had ever been given. I thought for a (...)

Euan Sutherland: said one or more directors were “determined to undermine me personally” as Co-operative Group chief executive. Photograph: Reuters/Luke MacGregor

Euan Sutherland’s brief reign at the Co-operative Group has been little short of a disaster for the 170-year-old mutual organisation. Br(...)

A logo sits on a sign outside a Co-Operative Bank Plc bank branch as a British union flag flies above in Keighley, UK. Photograph: Nigel Roddis/Bloomberg

The UK’s Co-operative Group has said it is selling its farming business and looking at offloading its pharmacies after a banking crisis that ha(...)