Welsh government adopts co-op recommendations

The Welsh Government’s Economy Minister has announced that it will adopt the recommendations of a report on developing the co-operative and mutual business model in Wales. The Welsh Co-operative and Mutuals Commission came up with 25 recommendations on creating a culture and environment in which co-operative ways of doing business are the norm, and has been asked to review progress in six months.

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Basic guide to Co-operative and Community Benefit Societies Act

Further to an earlier news item about guides to the Co-operative and Community Benefit Societies Act 2014, in force from 1st August, the Financial Conduct Authority has produced a ‘one minute guide’, http://www.fca.org.uk/firms/being-regulated/meeting-your-obligations/firm-guides/cooperative-and-community-benefit–societies. This gives a summary for new and existing societies which may be affected.

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Social co-ops for social care

Co-operatives UK, the Wales Co-operative Centre and Co-operatives and Mutuals Wales have jointly produced a strategy report ‘Social Co-operatives, a Democratic Co-production Agenda for Care Services in the UK’. Drawing on lessons from international experience, such as social co-operatives in every town in Italy, it proposes co-operative delivery of social care.

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