Tag Archives: growth and infrastructure bill

Tracy Connell

‘Shares for Rights’ defeated in the Lords

By Tracy Connell | Fri 22nd March 2013 - 2:51 pm

There is an unwritten rule that there can be no deaths in the Palace of Westminster. Well, we had one in the House of Lords on Wednesday, as the controversial ‘Employee Shareholder’ clause in the Growth and Infrastructure Bill was removed.

This pet project of George Osborne would have set up a new employment status where employees would be required to give up certain workers rights in exchange for shares in the company. Labour and crossbench Peers, plus a small number of prominent Liberal Democrat and rebel Conservative peers supported the amendment.

Crossbencher Lord Pannick, outlined four main problems with the new …

Continue reading »
Posted in News and Parliament | Also tagged | 6 Comments
Advert

Recent Comments

  • Simon Robinson
    Freedom of movement benefitted the minority of (often, middle class) people who wanted to live abroad without going through the hassle of applying for a visa, a...
  • Chloe
    Pm. It's not an easy narrative to make when it doesn't suit international contributors. Very quick to champion Hungary's new Prime Minister who released this in...
  • Peter Davies
    The ECB did not end up responsible for Greek debt and safeguards have been strengthened since then to ensure it will not be responsible for French debt either....
  • PM
    We should all want a good relationship with our neighbours, but this doesn't mean we should get into bed with them :-) Or even that we should be ultra close fin...
  • Chloe
    The hubris that was around in 2016 & 2019 is making a comeback. I wonder what's changed for this careerist.... https://x.com/andyburnham/status/806563566...