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Oil prices reverse earlier declines to rise above $100 a barrel again The Co-op has called on Andy Burnham ’s government to “create an environment where we have confidence and certainty to invest” which it needs to support “lifeline stores” in urban and rural

The Guardian|Wed, 23 September 2026 at 14:37

Oil prices reverse earlier declines to rise above $100 a barrel again

The Co-op has called on Andy Burnham ’s government to “create an environment where we have confidence and certainty to invest” which it needs to support “lifeline stores” in urban and rural communities across the UK.

Kate Allum , the interim chief executive of the mutual who stepped in after the unexpected departure of Shirine Khoury-Haq last year, said:

We have no intention of closing any lifeline stores.

We have a big estate and we want to continue to invest but what we need is confidence. We don’t want unintended consequences of decisions.

consumer confidence is pretty uncertain. We talk to our members all the time and the cost of living has been their number one concern for a significant period of time.

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