Britannia members approve Co-op deal
MEMBERS of the Britannia Building Society yesterday backed moves to merge the business with the financial services arm of the Co-operative.
More than 450,000 Britannia members voted via the society's annual meeting in Birmingham, with 88.6 per cent of savings members and 86.2 per cent of borrowers in favour. The vote required the support of more than 75 per cent of savers and 50 per cent of borrowers.
The merger, which has already been approved by the Co-operative Group, was first announced last October.
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Weather for Edinburgh
Monday 13 February 2012
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