Landmark reform on cards for co-operatives

Co-operatives UK are celebrating! The recent Government announcement that a planned move forward with crucial legislation affecting co-ops. This will enable co-operative societies to offer the option of legally guaranteeing that some of their assets are held in common and non-distributable among members.

In real terms this means co-operative founders will have more choice of legal form, enabling innovation and impact in the social economy.

Further reading on this interesting topic –