Co-op chief offers his resignation

Press Association
Updated
File photo dated 16/07/13 of a Co-operative food store as the embattled Co-operative Group posted a rise in festive sales across its supermarket arm thanks to a robust performance from its smaller convenience stores. PRESS ASSOCIATION Photo. Issue date: Wednesday January 8, 2014. The Co-op sought to put the woes at its banking business behind it as it hailed

%VIRTUAL-SkimlinksPromo%Co-operative Group chief executive Euan Sutherland has offered to quit, days after claiming his efforts to overhaul the business had been undermined by a high-level leak of his £3.6 million pay deal.

A source confirmed that Mr Sutherland resigned yesterday in a letter to group chairman Ursula Lidbetter, claiming the business had become "ungovernable".

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