An English bibliotaph of fifty years residence in Wales pontificates about politics (slightly off-message), films and trivia. Acting secretary of Aberavon and Neath Liberal Democrats. Candidate for Neath in the Westminster elections of 1997 & 2017 and the Welsh general election of 2016.
Tuesday, 22 July 2014
Tory donor snaps up cooperative family silver
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10975402/Bestway-cash-and-carry-empire-snaps-up-Co-op-high-street-pharmacies.html
One of the most profitable parts of the Cooperative group has been sold off to stave off imminent collapse, but it bodes ill for the future. The deal mocks the Labour deadwood that riddled the old management in that the new owner is headed by a major Conservative supporter.
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