Co-op chairman decides to quit

Press Association
Co-operative Bank
Co-operative Bank

Turmoil at the Co-operative Group continued as its chairman said he is quitting and its former chief executive labelled a deal to hand control of its banking arm to US hedge funds a "tragedy".

The customer-owned group said Len Wardle, who has been chairman since 2007, will leave in May.
%VIRTUAL-SkimlinksPromo%