News
When Dame Sharon White, Chair of John Lewis and Partners, announced an anticipated loss of £230m last week, she also apologised to the employees – known as partners – for not paying the annual profit-sharing bonus. This will only be the second time in seventy years...News
Mutuo’s Peter Hunt speaks to BBC News about the possible demutualisation of John Lewis Partnership, and the other options available. News
The news that John Lewis may seek to partly demutualise in order to raise over £1 billion for investment is of course shocking. But it focuses us yet again on the fundamental problem that many co-operatives and mutuals face. Too often they are at a disadvantage to...News
Sir Mark Hendrick MP’s Co-operatives, Mutuals and Friendly Societies Bill received its Third Reading in the House of Commons on 24th February 2022. With all-party and Government support, the Bill will now proceed to the House of Lords. The Bill will preserve mutual...News
We are delighted that Sir Mark Hendrick’s Co-operatives, Mutuals and Friendly Societies Bill received its Second Reading in the House of Commons on 28th October 2022. With all-party and Government support, the Bill will now proceed to the Committee Stage in the...