Co-op Group appoints new independent non-executive directors thenews.coop - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.coop Daily Mail and Mail on Sunday newspapers.
Debbie White, who helped set up the UK s network of COVID testing centres, is being lined up as the new chair of Britain’s biggest mutual, Sky News learns.
The Co-operative Group has warned that ongoing inflation and economic uncertainty is likely to reduce its profits in 2023. The food, insurance and funeral Group revenue for the year was also reduced by £150m as the listed retailer felt the loss of the 129 petrol forecourt sites it offloaded to Asda in October - as a result revenue grew slightly by £0.3bn to £11.5bn.