Co-op 'chaos' as Myners quits amid opposition to reforms

Group was 'very uncomfortable' with former City minister's plans to tear up boardroom structure

Lord Myners
(Image credit: Oli Scarff/Getty Images)

LORD MYNERS, the former City minister brought in to reform the troubled Co-operative Group just four months ago has handed in his resignation.

Myners was tasked with drawing up a blueprint to revive the fortunes of the Co-op, which is on course to report a £2bn loss next week.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More