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Policy position on the Social Investment Tax Relief announcement

Following an announcement in the Chancellor’s Autumn Statement, Government has released details if the new Social Investment Tax Relief, due to come into force in April 2014. The measures will incentivise private investment in the social economy, by providing tax relief on investors’ returns.

More UK share offers in co-operatives than in the stock market

It is great news this week that the Treasury will openly encourage increased investment in the country’s co-operative sector. The first new consolidated act for co-operatives since 1965 has been introduced into parliament, along with a fivefold rise in the limit for any one investment into a co-operative business (from £20,000 of withdrawable share capital to £100,000).

Clevedon Community Bookshop celebrates

Clevedon Community Bookshop Cooperative Ltd will be celebrating 2 years trading this New Year's Eve from 12noon to 4pm.

They have continued to be successful, selling books in the bookshop, online, cataloguing of a large store of books, repairing books, running courses and evening talks.

Local entrepreneurs have used the shop as a backdrop for their advertising and filming, and the bookshop starred in a short video for the Haynes Zombie  Survival Manual!

Schools and local churches have used the bookshop for their treasure hunts and Christmas advent trails.

The Big Co-op Advice Quiz of the Year

Are you a co-op buff?  Take our Big Co-op Advice Quiz of the Year and find out!

Co-operative & Community Finance shortlisted for national award

Co-operative & Community Finance, the Bristol-based lender for ethical enterprises, has reached the short list for a new national awards scheme that recognises and rewards excellence in community finance.

The Citi Microentrepreneurship Awards, in partnership with the Community Development Finance Association (CDFA), recognise excellence in community development finance institutions (CDFIs) that provide finance which changes lives and transforms neighbourhoods.  T

How are you doing today? A new guide to measuring performance in mutuals

How are you doing today?

If you are a business, then what I am asking about is your performance.

For investor-owned firms, this is typically going to be measured by return on capital over time. For co-operative and mutual businesses, it concerns, on our definition of performance, ‘the delivery of value to members over time and at least cost.’

What does it mean to be wealthy?

The legend of King Midas dates back to the early days of Greek mythology and tells the story of a King, for whom everything that he touched turned to gold. Like all folk stories, the tale can be told in different ways. Aristotle reports that he died of hunger. Other versions say that he was rescued by the gods, when he repented after turning his daughter, Zoe (or ‘life’) into gold. Here in one story that has lasted over centuries is concept and conundrum of wealth.

Women in Co-operatives - Linda Ward

Linda Ward, Chair of The Phone Co-op, Director of Co-operatives UK and Cymru/Wales Regional Board member highlights the success of the Phone Co-op in having 43% of its Board who are women along with 60% of its management and supervisory staff. Linda argues that the Phone Co-op is not an exception but an example of what the co-operative movement can do to promote gender equality. Read more here.

Enterprising future for youth services in Knowsley

An innovative way to deliver youth services is being developed after Knowsley Council and staff working for its youth service voted to establish a new social enterprise.

Knowsley Youth Mutual will deliver quality open access youth clubs, awards programmes and positive activities alongside specialist support and interventions for young people when it is fully operational by April 2014.

After a bone shaker of a week – 3 things to remember

OK, it has been the worst week for the co-operative sector for a long time – a real bone-shaker for those of us involved. Our movement is in the spotlight to an extent we’ve rarely experienced before but so far this light has not been kind, or illuminating of the true strengths and successes of co-operative and mutual enterprises.

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