Co-Operative Group posts lower profit, flags Brexit risks

(Reuters) - Britain's Co-Operative Group , the mutually-owned supermarkets-to-funerals group, reported a lower first-half profit on Thursday, as weakness in its funeral unit offset a strong performance in its food business. Co-op, the country's sixth largest supermarket operator, said pretax profit fell to 25 million pounds in the 26 weeks to July 6 from 44 million pounds in the same period last year.The company said it had "sensitised" its forecasts to include pessimistic views on risks such..