Lord Myners lays out 'radical' plans to save Co-op

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.

Former City minister Lord Myners. Credit: ITV News

Read: Co-op Bank guilty of 'woefully inadequate business practices'

Advertisement

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.