Guides
How to Start a Business in the UK
23 June, 2025•15 mins
Touted as "the original ethical bank", The Co-operative started life back in 1872, when it was founded in an effort to change the status quo by paying fair wages and supporting the local community.
Since then, The Co-op has sustained its ethical stance: over 30 years ago, it was the first UK high-street bank to launch a customer-led Ethical Policy, which ensures its money doesn’t go towards supporting oppressive regimes and fossil-fuel extraction, among other notable concerns.
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- In this article
- Frequently asked questions
By comparison, ANNA offers three business plans, which offer different benefits depending on the needs of your business: Pay As You Go, Business, and Big Business.
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Get started nowFrequently asked questions
Can I open a Co-operative business account online?
Yes, you can – you just need to choose which type of account you want to open and click ‘I’m ready to apply’ to get going. Make sure you have all your documentation to hand.
How long does a Co-operative business account take to open?
The average wait you can expect is five days from application to your account being opened.
How do I close my Co-operative business account?
To close your Co-op business account, head online and download the ‘business account closure form’. Fill and file the form, and your account should be closed within five working days.
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