In a speech on October 8, George Osborne, the United Kingdom's Chancellor of the Exchequer and a member of the Conservative Party, proposed a new tax incentive for employee ownership, but with a catch.
The stock price of companies traded on the UK's FTSE stock index with at least 3% of their shares owned by broad-based employee ownership plans grew 53% in 2013, compared to 21% for other FTSE-listed companies.
Jo Swinson, the Business Minister of the United Kingdom, announced on November 19 that an index of the 69 companies on London's FTSE stock exchange with 3% or more of their shares h
Waitrose stores, part of the United Kingdom's largest employee-owned company, the John Lewis Partnership, funds a foundation that recently provided extensive electrification in the Kenyan town Eldama Ravine, where some Waitrose suppliers are based.
Capital for Colleagues, a publicly traded investment fund in the United Kingdom that invests in employee-owned businesses, reported that its year-end net asset value (NAV) per share rose 5% in the four months follow
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
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.
The Chancellor of the United Kingdom, George Osborne, announced in early December that the government would increase the allocation of funding to support emplo
