Co-op Bank, which recently reported a £477m annual loss, is up for sale.
The bank, which has 4 million customers, is hoping to generate further capital in order to stabilise the institution. It has said that there has been plenty of “credible” interest from buyers.
Business and ethics have forever been intertwined.
Having a strong moral code at the centre of your business is no longer a USP, but a prerequisite if your business is to flourish. And by placing value in a strong ethical brand, businesses are allowed to organically expand and grow, both financially and morally.
High Street cosmetics company, Lush, is to pay all of its staff the Living Wage.