Number of UK cooperatives increased by 4 per cent last year

Report by Co-operatives UK shows a record number of people are now members of cooperatives, says Ed Mayo, the infrastructure body's secretary general

Ed Mayo
Ed Mayo

The number of cooperatives in the UK rose by 4 per cent to 6,169 in 2012, according to a report released today by infrastructure body Co-operatives UK.

Homegrown: The Co-operative Economy 2013 says that the number of cooperatives has increased by 28 per cent since the start of the economic downturn in 2008.

It also showed that the number of cooperative members rose by 13.6 per cent in 2012 to 15.4 million people. This is an increase of 36.2 per cent since 2008.

The turnover of cooperatives rose by 3.3 per cent in 2012, and by 20 per cent since 2008, to £37bn.

"A record number of people in the UK are now members of cooperatives," said Ed Mayo, secretary general of Co-operatives UK. "They are economically active within those cooperatives and have a big stake in making them a success."

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