Cooperatives outperform wider UK economy: 1 in 5 people in now work in cooperatives

The Cooperative sector has significantly outperformed the wider UK economy over recent years. The combined turnover of around 5,000 independent UK cooperatives grew by 4.4% last year to £33 billion, has grown by 21% since the start of the credit crunch in 2008

The UK Cooperative Economy 2011, the latest annual analysis of the size and performance of the UK's unlisted cooperative businesses, reveals that membership of cooperatives has increased with growth of 18% since 2008, to 12.8 million. With one in five of the UK population, there are now more member owners of a cooperative than there are direct personal investors in listed companies on the stock market."

Ed Mayo, "Making Life More Meaningful," Resurgence Jan/Feb 2012

[verified 4/17/14]

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