UK Government Endorses Action to Increase Employee Ownership

The United Kingdom's new Minister for Employment Relations, Jo Swinson, released a blueprint on Tuesday to encourage employee ownership of companies, saying "We will address one of the biggest barriers to take-up of employee ownership schemes: awareness that it exists" and described the goal as c

UK Has New Minister for Employee Ownership

Jo Swinson, a Liberal Democrat member of parliament, has replaced Norman Lamb as the minister of the Department of Business, Innovation and Skills (BIS), the agency that oversees employee ownership.

UK Labour Party Unveils Employee Ownership Initiatives

The Conservative Cameron government in the United Kingdom has created a series of new incentives for broad-based employee ownership, including incentives for companies and business owners to use an ESOP-like mechanism to transfer ownership to employees in closely held companies.

UK Report Urges Pro-Employee Ownership Policies

Following an extensive data-collection process, the UK's Employee Ownership Association released a report titled The Ownership Dividend, which found that employee ownership benefits employees, individual businesses, and the economy as

UK Starts Down Path of Privatizing Public Service to Cooperatives

The new Cameron government has followed up on its pledge to privatize public services through what the British call "mutuals" (we would call them cooperatives). The first wave of 12 so-called "Pathfinder Mutuals" will act as a pilot for an envisioned much larger program.