'So former City Minister Lord Myners thinks the Co-op Group failed in the past because of "poor governance". Perhaps Myners, who failed to change poor governance at RBS, should now do a report on Barclays - which is axing 19,000 jobs because of, er, poor governance. The Co-op needs reform. But by God it shouldn't look to the bankers in the City as an example to follow. John Prescott.