The Cooperative Society (UK)

A Cooperative Society in the UK is a member-owned organization that operates for the mutual benefit of its members. Each member has an equal say in decision-making, typically one member, one vote, regardless of their investment level. Cooperatives can be found in various sectors, such as retail, agriculture, and housing. They aim to provide goods, services, or employment while promoting social and economic benefits. Profits are usually reinvested into the cooperative or distributed among members. This model encourages community engagement and sustainable practices, emphasizing collective rather than individual gain.