Tag Archives: mutualism

The Independent View: Employee ownership and responsible capitalism go hand in hand

The Fourth of July was a day of celebration in the UK this year. It was the first annual Employee Ownership Day, designed to raise awareness of employee owned business. Celebrations were more reserved than the Fourth of July celebrations in the US – the most indulgent thing I could find was a commemorative cushion cover made in a John Lewis factory in Lancashire. But employee ownership is definitely something to be celebrated, even if we don’t go in for the carnivals and fireworks.

Employee Ownership Day is part of a wider government strategy to promote employee ownership. Other initiatives …

Posted in The Independent View | Also tagged , , and | 16 Comments

Norman Lamb MP writes: Why we need to keep an open mind on Hinchingbrooke

Last week’s announcement that the management of Hinchingbrooke Hospital would be transferred to Circle Healthcare was always going to be controversial – a hospital with debts approaching £40million, whose situation had become so perilous that it had to be rescued by an external provider. Both Labour and Unison quickly exclaimed against this as ‘privatisation,’ despite the fact that the Labour Government had initiated the tendering process.

Circle is a 49% employee-owned organisation, different from the traditional private company. It makes them a part-mutual organisation run in the same manner as John Lewis. Put simply, they are part-owned and part-run …

Posted in Op-eds | Also tagged , and | 13 Comments
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