The announcement by the Co-operative Group on Monday confirmed that the recapitalisation plan would leave just 30% of the bank in co-operative ownership. This is as we expected and feared. There was also bad news for staff with likely job losses and branch closures.
Since the campaign launched we have received many hundreds of comments and suggestions. You can read the campaign response to the announcements on the website here. Our focus is:
- Substance and detail on ethical policy
- Explore and consult on ways to regain co-operative control
What you can do
Please help by spreading the message. Ask friends, colleagues, family members to join the campaign. Anyone who cares that we have a different kind of bank that behaves ethically in the future.
Twitter users, please follow @saveourbank and #SaveOurBank. Publicise the saveourbank.coop address as much as possible.
Facebook users please like our Facebook page and share with your friends and followers. Ask them to join the campaign at saveourbank.coop
We want to hear from you
Plus you can join the conversation by commenting on any of our posts, or in the Open Forum now live on the site.