UK: 2012 Saw a 10% Increase in Employee-Owned Businesses

The Employee Ownership Association of the UK released its report on events in employee ownership in 2012, noting that the number of employee-owned businesses increased by 10% during the year and citing the major government efforts in support of employee ownership. The report cites extensive press coverage, a series of government-backed reports, and an increase in EOA membership from 100 to 150 companies. It concludes that 2012 witnessed "a seismic shift in the profile of employee ownership in the UK."