British Coalition Government Promises More Employee Ownership

The Conservative-Liberal coalition in Britain has published its agenda in a document tiled "Our Programme for Government." The document contains two references to employee ownership:

• "We will seek to ensure an injection of private capital into Royal Mail, including opportunities for employee ownership. We will retain Post Office Ltd. in public ownership."
• "We will give public sector workers a new right to form employee-owned co-operatives and bid to take over the services they deliver. This will empower millions of public sector workers to become their own boss and help them to deliver better services."

Both parties had strongly endorsed employee ownership before the elections. The Labour Party had as well, but not for the Royal Mail.