Dozens of councils that banked with the Co-op are facing months of upheaval and additional costs while they re-tender their banking contracts.
The Co-op announced last year that it would stop providing banking services to its local authority clients to focus its attention on individual and small- to medium-sized business customers.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login