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....Last year, the newly married Rupert Murdoch and Jerry Hall were snapped walking hand in hand among the blooms in a rare public outing. Perennial attendees include the former Marks & Spencer chief executive Sir Stuart Rose, as well as Lord Myners, WPP boss Sir Martin Sorrell, the governor of the Bank of England, Mark Carney, former Newsnight host Jeremy Paxman, Stephen Fry, Ringo Starr and Dame Judi Dench. ... [Read full article on Guardian ]
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Latest Finance News related to Lord Myners

Brexit clouds gather over Chelsea flower show as sponsorship wilts image
Source : Guardian [Read Article] Friday 19th of May 2017 05:57:59 PM
....Last year, the newly married Rupert Murdoch and Jerry Hall were snapped walking hand in hand among the blooms in a rare public outing. Perennial attendees include the former Marks & Spencer chief executive Sir Stuart Rose, as well as Lord Myners, WPP boss Sir Martin Sorrell, the governor of the Bank of England, Mark Carney, former Newsnight host Jeremy Paxman, Stephen Fry, Ringo Starr and Dame Judi Dench. ...
Bankruptcy risk as ‘desperate’ councils play the property market image
Source : Guardian [Read Article] Saturday 29th of April 2017 10:10:17 PM
....The extent to which councils are exposed to a downturn in the commercial property sector is unclear. Last month, Lord Myners tabled a parliamentary question asking the government to confirm how much money the PWLB had lent to local authorities to invest in commercial real estate between 2011 and 2016, and what it was doing to monitor the risk from such investments. ...
Unilever bids to heal shareholder rift amid 'garage sale' warnings image
Source : Guardian [Read Article] Sunday 19th of March 2017 01:46:15 PM
....But the company also remains committed to fending off any renewal of Kraft Heinz’s interest, which comes amid support from the former City minister Paul Myners. Lord Myners, who chaired Marks & Spencer when it fought off a bid from the BHS tycoon Sir Philip Green, upbraided the prime minister for not doing enough to “protect prize assets” in an editorial for the Sunday Telegraph. ...
Bank of England deputy governor's future hangs in balance image
Source : Guardian [Read Article] Friday 10th of March 2017 07:18:25 PM
....”. But Lord Myners, a former member of the court and an ex-City minister, said: “For some people this will raise questions about the role of the court . ...
'Timid' financial regulator needs more powers, Lord Myners says image
Source : BBC [Read Article] Thursday 2nd of March 2017 11:03:29 AM
. The Financial Reporting Council (FRC), which regulates how firms govern themselves, is too "timid" and needs more powers, says former City minister Lord Myners. ...
Sir David Clementi: City grandee ready to do the business at the BBC image
Source : Guardian [Read Article] Tuesday 10th of January 2017 04:40:51 PM
.... His selection came as a surprise to many, including his bank bosses in Frankfurt, as most had expected Labour to reward Goldman Sachs economist Gavyn Davies. Lord Myners, a member of the Court of the Bank of England and later Brown’s City minister, described Clementi’s appointment as an “inspired choice”. ...
Tories' corporate reform proposals a far cry from May's radical pledge image
Source : Guardian [Read Article] Tuesday 29th of November 2016 06:38:40 PM
....If one digs deep, some big ideas are acknowledged, it should be said. One of the best has come from the Tory MP Chris Philp, with the backing of the governance old-hand Lord Myners and the lauded fund manager Neil Woodford: Scandinavian-style shareholder committees that would, in effect, replace nominations committees and recommend the appointment and removal of directors. ...
FCA to shake up fund management to get better deal for investors image
Source : Guardian [Read Article] Friday 18th of November 2016 11:28:19 AM
....The UK leaving the EU could have significant consequences for the asset management industry, which uses a “passport” to operate across the current 28 member states. The fund management industry has been the subject of a number of reviews since the start of the millennium, including a 2001 review by Paul Myners – later to become Lord Myners – and one in 2012 by John Kay. ...
ARM deal is selling out our winners, says Lord Myners image
Source : BBC [Read Article] Tuesday 30th of August 2016 10:41:11 AM
....The £24. 3bn deal to sell UK tech firm ARM to Japan's Softbank is an example of the UK "selling out of our winners", former City minister Lord Myners has said. ...
Legal & General looks set to weather Brexit storm image
Source : Guardian [Read Article] Tuesday 28th of June 2016 07:17:48 PM
.... Chairing L&G looks more fun than being on the telephone to Brussels and Berlin for the next two years, which is the fate of his former colleagues. Lord Myners is perhaps not a wholly impartial observer – he has history with Sir Philip Green from Marks & Spencer days – but his assessment that the Topshop tycoon will need to find £400m-plus to resolve the pension mess at BHS sounds close to the mark. ...
I never thought Chappell would run BHS, says man who facilitated his bid image
.... However, Kahn refused to disclose details of the plan. Lord Myners, the former government minister, has said that Green needs to contribute more than £400m to resolve the problems facing the pension scheme. ...
Philip Green: is it the end of the road for the retail king? | Observer profile image
....Green’s lifestyle of conspicuous consumption – a new £100m super yacht, Lionheart, is on the way – relayed via paparazzi shots of him partying with Kate Moss and enjoying Caribbean getaways with Simon Cowell was tolerated while he was judged to be a wealth creator, but not now. Lord Myners, a former City minister who was chairman of Marks & Spencer when Green launched a takeover bid in 2004, is keen to get to the bottom of the BHS collapse. ...
Former BHS owner Arcadia Group agreed to protect business image
Source : Guardian [Read Article] Sunday 5th of June 2016 08:02:00 PM
....Green and Chappell have both blamed the other for the demise of BHS in an increasingly acrimonious dispute. Lord Myners, the former chairman of Marks & Spencer and a former foe of Green, said it was “rather like giving the keys of your car to a five-year-old and allowing the five-year-old to go off and crash the car”. ...
Former BHS owner sent abusive message to chief exec after chain collapsed image
....3bn. Lord Myners, the former chairman of Marks & Spencer, called on Green to take responsibility for the collapse of BHS by forgoing his position at the front of the creditors’ queue. ...
BHS collapse: IoD chief accuses Sir Philip Green of 'lamentable behaviour' image
....”. Lord Myners, the former chairman of Marks & Spencer, also called on Green to take some responsibility for the collapse of BHS, by forgoing his position at the front of the creditors’ queue. ...
Pensions Regulator says it learned about BHS sale in the papers image
Source : Guardian [Read Article] Monday 9th of May 2016 07:03:17 PM
....Paul Myners, who also fought off Green’s bid as chairman of M&S between 2004 and 2006 when the former BHS owner attempted a £10bn takeover, has been appointed to lead a panel of financial assessors for the committee. Lord Myners has already filed 11 questions in the House of Lords calling on the government to investigate the demise of BHS. ...
Insolvency Service will ‘spare Green’: Former owner of BHS unlikely to face censure image
....”. On Friday, Field appointed Green’s arch enemy, ex-Marks & Spencer chairman Lord Myners, as an adviser to the committees’ investigation. ...
MP appoints Sir Philip Green's former rivals to BHS inquiry image
Source : Guardian [Read Article] Friday 6th of May 2016 11:42:32 AM
....Sir David Norgrove, who as chairman of Marks & Spencer’s pension fund was instrumental in scuppering Green’s attempted bid for the retailer in 2004, has been appointed special adviser. Lord Myners, who also fought off Green’s bid as chairman of M&S between 2004 and 2006 when the former BHS owner attempted a £10bn takeover of the high street stalwart, has been appointed to lead a panel of financial assessors for the committee. ...
Big questions for Sir Philip Green over BHS pension deficit, says Lord Myners image
. City grandee Lord Myners has said there are big questions to be answered about Sir Philip Green’s stewardship of BHS and the collapsed retailer’s£571m pension black hole. ...
Co-op boss asks for big pay cut image
Source : BBC [Read Article] Thursday 7th of April 2016 06:38:19 AM
....Last week, the Co-op Bank reported that its annual pre-tax losses had more than doubled to £610m, from £264m in 2014. The problems at the Co-op Group led to a review of the business by Lord Myners. ...
Co-op Group faces malpractice tribunal image
Source : BBC [Read Article] Thursday 7th of January 2016 01:17:34 AM
.... . In 2014, a review of the Co-op Group by former board member Lord Myners said the organisation should adopt a much smaller board and focus on being profitable in order to survive. ...
Co-op Group back on track image
Source : Daily Express [Read Article] Thursday 3rd of September 2015 09:39:00 PM
....Chairman Allan Leighton said commercial improvements went hand in hand with moves to strengthen the board and management teams. Reforms were pushed through after its previous management was labelled “dysfunctional” by former City minister Lord Myners, who oversaw a review of the business. ...
Co-op Group warns of lower profits image
Source : BBC [Read Article] Thursday 3rd of September 2015 09:09:36 AM
....These are the first results since radical changes to the business were brought in at the end of last year. Following a review of the business by Lord Myners, the number of board members was cut drastically, while directors had to have qualifications suited to running the business. ...
Source : Independent [Read Article] Friday 28th of August 2015 11:18:39 PM
....But as first Lloyds and then RBS rolled up for their respective £20bn and £45bn taxpayer bailouts over the course of the next few months, he was never likely to remain a mere board member at a smallish former building society. The Prime Minister, Gordon Brown, and his Chancellor, Alistair Darling – no doubt on the advice of City grandee Lord Myners – asked Mr Hester to replace Fred Goodwin at RBS. ...
Forget profits: all Co-op Bank can promise is blood, sweat and tears image
Source : Independent [Read Article] Friday 21st of August 2015 12:29:09 AM
.... . In the meantime Mr Booker, helped by an independent report by the City grandee and former Co-op board member Lord Myners, oversaw a root-and-branch overhaul of the bank’s corporate governance, removing political board appointees in favour of a more plc-style regime. ...
Stephen Hester will want the most out of Zurich’s bid for RSA image
Source : Guardian [Read Article] Sunday 2nd of August 2015 08:00:08 AM
.... Before that, he was chief executive of Royal Bank of Scotland for five years. At RSA, he has raised £748m in a rights issue and sold off surplus businesses but has been under pressure to produce speedier results from RSA’s biggest shareholder, Cevian Capital, chaired by former City minister Lord Myners. ...
Alent snapped up in £1.35bn takeover by US corporate raider image
Source : Telegraph [Read Article] Monday 13th of July 2015 09:03:53 AM
.... Cookson was demerged and split its ceramic industrial business and chemicals arms. The deal already has the blessing of activist investor Cevian, which counts City grandee Lord Myners as its chairman. ...
The Co-operative Bank’s timeline of troubles image
Source : Guardian [Read Article] Tuesday 23rd of June 2015 05:22:40 PM
.... The Mail on Sunday publishes a video showing him arranging to buy illegal drugs. December 2013 The Co-op Group hires the former City minister Lord Myners to review its operations for a £1 salary. ...
Co-op Group boardroom shakeup could be halted by emergency motion image
Source : Guardian [Read Article] Sunday 3rd of May 2015 02:50:15 PM
.... But, following ideas drawn up by former City minister Paul Myners, the board now includes two executive directors – including chief executive Richard Pennycook – and Leighton, the first independent chairman. The member-nominated directors were not part of Lord Myners’s original proposals and were added later to placate furious members last year when the group was trying to win support for its corporate governance changes. ...
Birds Eye owner vows to turn it into a 'world class' food company  image
Source : Daily Express [Read Article] Tuesday 21st of April 2015 12:01:00 AM
....1billion. Nomad, chaired by former City minister Lord Myners, said it would seek further acquisitions as it looks to build a portfolio of best-in-class companies and brands within existing as well as new categories. ...
Captain Birds Eye sets sail again as US investors buy Iglo image
Source : Guardian [Read Article] Monday 20th of April 2015 08:52:04 AM
....”. Nomad is chaired by Lord Myners, the former City minister who proposed plans to overhaul the Co-operative Group last year. ...
Co-op finds itself in a pickle after Lord Myners' review image
Source : Guardian [Read Article] Monday 13th of April 2015 06:41:35 PM
Co-op chairman Allan Leighton urged to reverse boardroom plan image
Source : Guardian [Read Article] Monday 13th of April 2015 05:16:13 PM
....5m in 2014. The scandal at the Co-op Bank, now just 20% owned by the mutual, turned the focus on the way the group was managed and led to the review by Lord Myners, who called for regional boards to be scrapped and the boardroom populated by independent directors with all the democratically elected members removed. ...
The great Co-op Group heist image
Source : Guardian [Read Article] Monday 13th of April 2015 05:01:49 PM
.... It needed reform, and quick. Enter Lord Myners, whose sneering analysis left the elected directors shell shocked and all up for a spot of self-flagellation. ...
Co-op Group members revolt over boardroom elections image
Source : Guardian [Read Article] Sunday 12th of April 2015 04:35:28 PM
....The membership council will be revamped after the AGM. A transitional council was put in place to oversee governance changes recommended by Lord Myners, the former City minister, last year. ...
Former Co-op boss accuses group of blocking board candidates image
Source : Guardian [Read Article] Friday 10th of April 2015 03:59:42 PM
....Richard Pennycook took over as chief executive after Euan Sutherland walked out in March 2014, branding the group ungovernable. Under reforms drawn up by the former City minister Lord Myners, the group’s board of mainly lay members has been shrunk and the majority of its directors are now businesspeople. ...
Co-operative Group timeline: return to profit as rebuild starts image
Source : Guardian [Read Article] Thursday 9th of April 2015 12:21:34 PM
....17 November The Mail on Sunday publishes a video showing Flowers arranging to buy drugs. 12 December Co-op Group hires former City minister Lord Myners to review its operations for £1 salary. ...
Co-operative Group returns to profit image
Source : BBC [Read Article] Thursday 9th of April 2015 06:22:10 AM
....It was forced to divest itself of a large chunk of the bank to a number of private investors, largely hedge funds, and now owns just 20% of that business. That prompted a review by Lord Myners in which he called the group "manifestly dysfunctional" and recommended a major shake-up in its organisational structure. ...
Co-op Group’s board decides not to endorse donations to political party image
.... The eligibility criteria include being a member for three years and meeting a threshold of expenditure. The changes were made following recommendations by the former City minister Lord Myners – also a former chairman of the Guardian Media Group – in the wake of the losses caused by the scandal in the Co-operative Bank. ...
Co-op Group appoints Allan Leighton as chairman image
Source : BBC [Read Article] Thursday 19th of February 2015 11:52:49 AM
....In November last year, Sir Christopher Kelly became the first independent board member to be appointed. The changes were brought in following a review by Lord Myners in which he called the group "manifestly dysfunctional" and recommended a major shake-up. ...
Allan Leighton tipped to head Co-op  image
Source : Telegraph [Read Article] Monday 2nd of February 2015 07:26:07 PM
.... . A series of inquiries investigating how the business had run into troubled saw City minister Lord Myners called Co-op’s board “dysfunctional”, with some members not knowing the difference between credits and debits. ...
Royal Mail’s privatisation will help to make the UK economy more efficient  image
Source : Telegraph [Read Article] Thursday 18th of December 2014 08:29:42 PM
. So the taxpayer lost out by just £180m from the privatisation of Royal Mail, according to the definitive report on the subject by Lord Myners. ...
Lord Myners calls for more transparency after Royal Mail sale image
Source : Telegraph [Read Article] Thursday 18th of December 2014 08:22:43 PM
.... . Lord Myners found that Vince Cable, the Business Secretary, and his department had made “the right decisions” during the Royal Mail sale but he called for more flexible pricing, greater transparency during the sale process and more information for potential shareholders. ...
Royal Mail privatisation £180m underpriced, review says image
Source : BBC [Read Article] Thursday 18th of December 2014 05:29:01 AM
....It says shares could have been valued up to 30p more than the flotation price of 330p because of the high level of demand from banks and individuals. However, former City minister Lord Myners, who led the report, said this would have involved "substantial" risk. ...
MORNING MEETING: Dixon's turnaround through financial crisis has been eye-catching  image
Source : Daily Express [Read Article] Thursday 18th of December 2014 12:00:00 AM
....An earlier review by the National Audit Office has already concluded that the taxpayer bore the cost of the “deep caution” displayed by the Government in ensuring the company listed successfully. Now a new report by former City minister Lord Myners is expected to add further fuel to the debate by concluding that a more effective sale process could have generated an extra £180million for the state. ...
Quindell scrutinised by Lord Myners image
Source : Telegraph [Read Article] Thursday 11th of December 2014 08:27:10 PM
. Troubled insurance outsourcer Quindell has drawn the scrutiny of Lord Myners, the former City minister, who asked the Government whether the company, its board and its advisers were being investigated or if there were plans for a probe. ...
Activist investors under the spotlight image
Source : Telegraph [Read Article] Thursday 13th of November 2014 07:38:42 PM
.... . Cevian, which boasts Lord Myners as the chairman of its UK operation, first disclosed its RSA position in March, and has rapidly become the company’s biggest shareholder. ...
Have the changes to company boards been radical enough? image
Source : Telegraph [Read Article] Saturday 25th of October 2014 02:03:51 PM
.... The regulator’s report into Royal Bank of Scotland’s failure criticised the board in a number of respects: it was too big – with 17 members; there was “little significant disagreement”, with “group think” reflecting the board’s homogeneity; and there was insufficient challenge of the CEO. The composition of the board was an underlying factor, with Lord Myners suggesting in April 2008 that “the typical bank board resembles a retirement home for the great and the good”. ...
Ex-Co-op chief takes over at Superdry image
Source : Guardian [Read Article] Wednesday 22nd of October 2014 07:08:05 AM
....7m subject to performance targets. Lord Myners, who wrote a report on the Co-op’s governance, defended Sutherland from his critics within the Co-op and said his sudden departure after rescuing the mutual group was a tragedy. ...
Eurostar sale: France's SNCF has no intention to buy UK stake image
Source : Independent [Read Article] Monday 13th of October 2014 11:59:32 AM
....Mary Creagh, shadow transport secretary, said: “UBS made millions from Royal Mail and is advising on the Eurostar sale. Lord Myners is still conducting his review into government privatisations after Royal Mail, and ministers should await his report before any sale begins. ...
Eurostar sale: Unions to fight 'tooth and hail' in face of 40 per cent sale to raise £300m image
...."City adviser UBS made millions from Royal Mail and is advising on the Eurostar sale. Lord Myners is still conducting his review into government privatisations after Royal Mail, and ministers should await his report before any sale begins. ...
Froth goes, but Royal Mail sale was flawed image
Source : Guardian [Read Article] Thursday 9th of October 2014 06:44:49 PM
.... But the process behind the flotation still looks haphazard and too dominated by City advisers. The review of how the government sells assets, now in train under Lord Myners, is still needed. ...
Source : Independent [Read Article] Wednesday 8th of October 2014 12:28:03 AM
. The boardroom crisis at the public relations group Huntsworth has deepened after the City grandee Lord Myners, who was brought in to steady the business in April, abruptly quit as chairman after barely six months. ...
Eleven directors leave Co-operative Group board as reforms begin image
Source : Guardian [Read Article] Wednesday 1st of October 2014 05:29:14 PM
....Richard Pennycook, newly promoted to chief executive, is expected to take his seat on the board on 15 October while Ursula Lidbetter, the current chair, will remain on the board along with seven other existing members. The Co-op did not give any details as to when a new chair will be named to the board, which is being overhauled after members voted on proposals based on those drawn up by former City minister Lord Myners. ...
City Diary: Author Andrew Marr gains currency with the City for shortselling plot image
.... ------------------------------------------------- . Where next for Lord Myners, after leading a review of the colourful corporate regime at the Co-op? North Korea, obviously. ...
Odgers Berndston leads hunt for chairman to revitalise Co-op  image
Source : Telegraph [Read Article] Saturday 6th of September 2014 07:41:51 PM
.... . The structure, based in part on reforms suggested by former non-executive director Lord Myners, is aimed at creating a professional and business-savvy board while still maintaing the core values of the Co-operative movement. ...
....”. Last week, the mutual voted through plans by the former City minister Lord Myners to create a new board of governors with outside experience to improve corporate governance. ...
Co-op revival could take five years, says new chief executive image
Source : Independent [Read Article] Thursday 4th of September 2014 01:17:14 PM
....”. Last weekend the mutual voted through plans by former City minister Lord Myners to create a new board of governors with outside experience to improve corporate governance. ...
Co-op appoints new chief executive image
Source : Guardian [Read Article] Thursday 4th of September 2014 09:52:37 AM
....". Lord Myners, whose report the changes were based on, told the Guardian on Sunday that the Co-op needed to recruit strong executives from outside the group for the reforms to work effectively. ...
Co-op board reforms aim to reverse fortunes image
Source : Telegraph [Read Article] Sunday 31st of August 2014 10:30:15 PM
.... . Co-op has faced criticism from Lord Myners, the former City minister, who accused the group of watering down proposals he made as part of a review into governance at the group. ...
Co-op Group needs new top-class chairman and CEO, warns Lord Myners image
Source : Guardian [Read Article] Sunday 31st of August 2014 04:50:35 PM
. The troubled Co-op group must now bring in a top-class chairman and chief executive from outside, Lord Myners has warned, after members backed the bulk of his proposals to reform the mutual business. ...
Good news for the Co-op as reforms are given the go-ahead image
Source : Daily Express [Read Article] Sunday 31st of August 2014 12:00:00 AM
....Traditionalists fear that the reforms will remove democratic control from its members. However, reformers led by former City Minister Lord Myners say that the changes are vital and that the mutual’s structure had created a crony culture where members were not fully represented. ...
Co-operative members back radical shakeup to 'rebuild business' image
Source : Guardian [Read Article] Saturday 30th of August 2014 07:45:00 PM
....". The proposals followed a review by the former City minister, Lord Myners, although the Co-op's existing board watered down his recommendation to purge the board completely of elected directors, with three still to be chosen by the membership. ...
Co-op members vote to back radical changes image
Source : Guardian [Read Article] Saturday 30th of August 2014 02:23:22 PM
.... At their heart were plans for a slimmed-down board of 11 directors with "high standards of competence" to oversee its running. The proposals were produced following a review by the former City minister, Lord Myners, though they water down his recommendation to purge the board of elected directors, instead opting to keep three chosen by the group's membership. ...
Co-op Group members vote in favour of reforms  image
Source : BBC [Read Article] Saturday 30th of August 2014 11:48:58 AM
....7% of members voted in favour of the changes. The plans were proposed by former City minister Lord Myners and were accepted in principle in May. ...
It’s too late for the blame game – Tesco’s new boss needs fresh ideas, and quickly image
.... If they kept faith through some dizzying financial engineering, investors who sank cash into Justice haven’t done badly. They didn’t know what they were buying when they stumped up £900m or so, only that they were keeping faith with “homeless billionaire” Nicolas Berggruen and his long-time business partner Martin Franklin, as well as a stellar board that included the former City minister Lord Myners and the Dr Doom economist, Nouriel Roubini. ...
Co-operative Group seeks governance reform at Manchester meeting image
Source : Guardian [Read Article] Friday 29th of August 2014 02:26:06 PM
.... With a majority vote of two-thirds required, approval is far from certain. The proposals are based on a structure recommended by Lord Myners, the City veteran who was called in to review the group's governance. ...
Co-op members warned management shakeup may not go far enough image
Source : Guardian [Read Article] Monday 25th of August 2014 11:17:25 AM
.... Overseeing the board would be a council of 100 members, to act as a guardian of the group's values, while a senate would act as go-between to help all sides work together. But in a watering down of recommendations from city veteran Lord Myners, three democratically elected members would remain on the board. ...
Co-op reforms: the group is right to keep elected members on its board image
Source : Guardian [Read Article] Monday 18th of August 2014 12:38:01 PM
.... He is also a former chairman of the Irish supermarket chain Superquinn and Mitchells & Butlers, the pub and restaurant group. His comments follow criticism of the Co-op's planned overhaul, after recommendations by the City veteran Lord Myners that the board should be cleared of all democratically elected members. ...
Source : Independent [Read Article] Tuesday 12th of August 2014 01:01:59 AM
....“I am extremely proud of Huntsworth and what we have created,” he added. Lord Myners, the former City minister who became chairman of Huntsworth recently, said: “Lord Chadlington is a hugely respected figure in public relations. ...
Co-op set for reform after series of embarrassments  image
Source : Daily Express [Read Article] Saturday 9th of August 2014 12:00:00 AM
....The Co-op hopes the reforms will appease its critics, which had claimed that former Co-op Bank chairman Paul Flowers and other board members lacked the necessary skills to run the business. They follow controversial proposals by Lord Myners, the City grandee, who warned the Co-op needed to reform or die. ...
Related to :
Morning Meeting: Patriotic Made In Britain Stamp suffers a blow  image
Source : Daily Express [Read Article] Saturday 9th of August 2014 12:00:00 AM
....The reforms put in place at the Co-operative Group (see below) should be welcomed though some critics think they have not gone far enough. It has stopped short of the full recommendations of Lord Myners who drew up a blueprint for change after the disastrous management left the Co-op Bank on the brink of collapse and the group nursing £2. ...
And now for a vote on the actual</em> Co-op reforms image
Source : Guardian [Read Article] Friday 8th of August 2014 05:50:24 PM
. If you thought the Co-operative Group had already voted to adopt Lord Myners' ideas on how the organisation should be governed, think again. ...
Co-operative Group sets out radical plans for shake-up in how it is run image
. The troubled Co-operative Group has rowed back on a proposal by City veteran Lord Myners to remove democratically elected members from its board, under plans for sweeping internal changes announced on Friday. ...
Co-op Group announces sweeping reforms image
Source : BBC [Read Article] Friday 8th of August 2014 08:07:44 AM
....5bn last year following a massive loss at the Co-operative Bank. A review of the way the business was run was carried out earlier this year by Lord Myners, who called the group "manifestly dysfunctional" and recommended a major shake-up. ...
Co-op adopts Lord Myners reforms image
Source : Independent [Read Article] Friday 8th of August 2014 07:41:33 AM
. The Co-op has formally adopted the reforms proposed by former City minister Lord Myners which will attempt to prevent situations such as last year’s surprise £1. ...
Co-op reforms criticised for watering down Myners proposals image
Source : Telegraph [Read Article] Friday 8th of August 2014 06:59:04 AM
. A sweeping set of reforms from the Co-operative Group has been criticised for watering down proposals made by the former City minister Lord Myners. ...
Co-operative Group set to offer concessions on board structure image
Source : Guardian [Read Article] Thursday 7th of August 2014 06:48:16 PM
....The Co-operative Group is on Friday expected to publish detailed proposals to change the way it is run and is thought to be offering crucial concessions on its board structure. Overturning ideas set out by the former City minister Lord Myners, who had recommended removing all the democratically elected members of the Co-op from the board, the troubled mutual is expected to offer those members up to three seats on a new-look board. ...

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