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The UK and Channel Islands Co-operative Economy 2011. Professor John Arnold Chair, Co-operative Performance Committee. The Economy. National Debt by the end of the Year. £1,000,000,000,000 (£1 trillion) Daily interest = £120m. Inflation. Consumer Price Inflation 4.5%
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The UK and Channel Islands Co-operative Economy 2011 Professor John Arnold Chair, Co-operative Performance Committee
The Economy National Debt by the end of the Year £1,000,000,000,000 (£1 trillion) Daily interest = £120m
Inflation Consumer Price Inflation 4.5% Retail Price Inflation 5.2% Wage Inflation 2.0% approx
Retail Sales Retail SalesFlat underlying growth in May Index 2006 = 100 Volume of retail sales, all retailers, seasonally adjusted
2008: 4 820 2008: 11.3m 2008: 205 800 2009: 4 992 2010: 5 450 2009: 12.9m 2010: 12.8m 2009: 237 870 2010: 236 000 The Co-operative Economy 2008 - 2010 Number of Co-operatives Number of Members Number of Employees
2008: £28 905 000 000 2009: £31 797 000 000 2010: £33 186 000 000 2008: £539 800 000 2008: 9 708 000 2009: £573 600 000 2010: £715 000 000 2009: 10 259 000 000 2010: 10 989 000 000 The Co-operative Economy 2008 - 2010 Turnover Profit before Tax Net Assets
Market Share – IGD – Kantar Worldpanel (May 2011)The ‘Big Five’
Like-for-like Co-operative Food Turnover – January – December 2010
Like-for-like Co-operative Food Turnover – January – May 2011
Competitor Performance Profit Before Tax £ % Change Sainsbury £610m +9% Marks & Spencer £632m +13% Tesco £2,336m +11% Co-operative Movement £715m +25%