Co-operative Insurance and MarkerStudy

That this House notes the negotiations taking place between Co-operative Insurance and MarkerStudy, with a view to MarkerStudy taking over operations; further notes that the Co-operative Insurance workforce have served the company loyally, some over many years; is concerned that this takeover will result in 200 jobs disappearing; is equally concerned that MarkerStudy have made it clear that they will not recognise or engage with Trade Union representatives for the remaining 800 staff; reminds Co-operative Insurance of the moral and ethical base of the co-operative movement, which is just as important today as at any time in its history; calls on the Co-operative Insurance management to examine its moral compass and to review its decision to so disadvantage key stakeholders in the Co-operative Insurance business.