30 Apr 2014

Kelly review published

Submitted by moderator

The Kelly review into what went wrong at the bank was published today.

http://www.thekellyreview.co.uk/final_report_2014.html

In its response the Co-op Group welcomed the report. Richard Pennycook said: "the management that instigated this disaster for the Group are no longer in place; the flawed governance structure that failed to apply the right checks and balances, however, remains."