The Co-Operative Group has announced that it has sold the remaining stake in the Co-Operative Bank, as earlier in the month the bank completed £700m restructuring and recapitalisation that the saw the group’s shareholding being reduced from 20% to 1%. The Co-Operative Group have also announced that food like-for-like sales have climbed by 3.5%, marking 14 consecutive quarters of like-for-like sales growth.