• Text size      
  • Send this article to a friend
  • Print this article

Expert called to help Co-op

ROYAL Bank of Scotland and other lenders are reported to have sent a turnaround expert in to the Co-Operative Group to help the mutual in its recovery.

Bob Hedger will act for a consortium of major UK lenders, which includes Royal Bank and Lloyds Banking Group.

The Co-op group reported a £2.5 billion annual loss.

Contextual targeting label: 
Finance

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

228110