The Co-operative Financial Services Chief Executive Provides Support to NW Young Citizen’s Action Event

February 05, 2010

Neville Richardson Chief Executive of The Co-operative Financial Services (CFS) yesterday (4 th February) took part in a high profile, interactive and exciting event held by the Institute for Citizenship at The Opera House Manchester for between 1,600 and 1,900 young people from Greater Manchester and the North West, from a mix of backgrounds.

The event aimed to empower young people to discuss the importance of politics, economics and citizenship in their daily lives and;

  • Give students briefings on 21 st century economics, political and citizenship challenges
  • Promote ‘life skills' to help young people develop confidence
  • Through BBC films promote deliberative democracy and active citizenship to empower young people to be creative in producing sustainable solutions to 21st century challenges
  • To help society to see young people in a more positive light.
    Neville Richardson took part in an interactive panel discussion and was joined by Dawn Butler MP (Secretary for Youth Affairs), Jim Hancock (former BBC NW Political Editor), Baroness Sayeeda Warsi (Shadow Minister for Community Cohesion and Social Action), Alvin Hall (Financial Adviser and presenter of BBC 2's ‘Your Money or Your Life'), Simon Noakes (NWDA), Geoff Thompson MBE (Youth Charter) and Zandria Pauncefort (IfC).

The Co-operative Group, of which CFS forms part, is one of the supporters* of the project and event and have provided £25,000 to Young Citizen's Action Agenda (YCAA) NW project of which this event forms a major milestone.

The Co-operative Group's main objective in supporting this project is to provide an opportunity to promote the Co-operative as a member-led business and to raise awareness of the co-operative business model in this forum, particularly in light of the credit crunch.

Between September and December 2009, several area committee members from The Co-operative Group have attended workshops that have taken place in schools and youth groups in the area, utilising their local knowledge and experience of practical problems.

Neville Richardson, CFS Chief Executive commented, “By supporting this very important event it demonstrates clearly The Co-operative's commitment to the NW region as a major employer. ‘Inspiring young people' is one of the key aims of the Co-operative Group and our hope is that those young people who attend today will be inspired and will see how important it is for local businesses to play an important role in their future development”.


Notes to editors:


*Corporate supporters are: the North West Development Agency, Government Office North West, the Association of Greater Manchester Authorities, BT Betterworld Campaign, Parliament's Education Service, the Youth Charter and the Greater Manchester Challenge.


For further information contact:

Duncan Bowker / Alejandra Solis
The Co-operative Financial Services Press Office
Tel: 0161 903 3819 / 3808
Fax: 0161 903 2751
e-mail: /
Twitter: CFSPressTeam


Notes to editors:


ISDN facilities are available for broadcast media interviews.


About The Co-operative Financial Services


The Co-operative Financial Services (CFS) is part of The Co-operative Group, which is the world's largest consumer co-operative with around five million members, over £14 billion turnover, and core business interests in financial services, food, travel, pharmacy and funeral care. The Co-operative Group has over 5,000 retail trading outlets.

Following the merger with Britannia Building Society on 1 August 2009 CFS is one of the largest and well diversified mutual businesses operating in both retail and corporate markets.

As part of The Co-operative Group, the new business is characterised by its unique ethical and member reward policies and very high levels of customer advocacy.

The combined business has £70 billion in assets, 12,000 staff and nine million customers. It has over 300 high street branches, 20 corporate banking centres and a major presence in Manchester, London, Leek, Bristol, Plymouth, Skelmersdale and Stockport.

It is the only mutual organisation that enables its members to earn financial rewards for the products they hold, as well as giving them the opportunity to have a say in how the business is run.


The Institute for Citizenship


The IfC is an independent charitable trust whose aim is to promote informed active citizenship and greater participation in democracy and society through a combination of projects (including Schools Question Time), research, education, discussion and debate.