- 4 updates
The Co-operative Group has announced a plan to address the £1.5bn shortfall in capital at its bank. Group Chief Executive, Euan Sutherland, has outlined the plan on the group's YouTube channel:
The Co-operative Group has unveiled a deal with regulators that will see the co-operative plug a £1.5 billion shortfall in the balance sheet of its banking arm.
Latest ITV News reports
The boss of The Co-operative Group, Euan Sutherland, has spoken to ITV News about the group's rescue deal for its bank.
A rescue plan for the Co-operative's troubled banking arm has been unveiled in a bid to plug a £1.5 billion hole in its balance sheet.