Lord Myners calls for radical Co-operative overhaul
Former City minister Lord Myners has laid out his plans for saving the Co-operative Group with a final broadside to traditionalists "still stuck in denial" over its failings. He admits he is "less confident" the group will choose his reforms.
Lord Myners has called for the Co-operative Group to make radical changes to restore group profitability, in a damning report in which he blasts some elements of the company for being "struck in denial" over its failings."
Former City minister Lord Myners has laid out his plans for saving the Co-operative Group with a number of "radical" decisions he believes are needed to overhaul the a which last month reported annual losses of £2.5 billion.