date:Mar 06, 2014
irman, Methodist minister Paul Flowers.
The BBC reported last week that the Co-op would post a loss of over 2 billion pounds for 2013, when it releases its full-year results on March 26, and cut up to 5,000 jobs in the next three years to slash costs.
The losses stem mainly from its banking unit together with a reduction in the value of the stores and goodwill it acquired in the Somerfield purchase.
For 50 years the group's been suffering from coronary heart disease and in 2013 it had a heart