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The British government will make changes to the Companies Act of 2006 to make it easier for employees to own shares, most significantly for closely held companies.

On November 23, the United Kingdom's chancellor, Philip Hammond, announced that the government would end the tax benefits associated with "employee shareholder status" (ESS) and would abolish the status itself at the next legislative opportunity.

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 founder of Gripple, one of the best-known employee owned companies in the United Kingdom, was awarded the "Order of the British Empire" (OBE) by Queen Elizabeth.

The 2013 UK budget includes £50 million ($76 million) for "a capital gains tax relief on the sale of a controlling interest in a business into an employee ownership structure" and notes that the intent will be to include this relief in the 2014 finance bill.

The Paycheck Protection Program (PPP), part of the CARES Act stimulus package appears to be starting this morning, with some banks accepting applications.

Writing in Forbes, Darren Dahl examines the relationship between employee ownership and unemployment, sharing results fr

A last-ditch attempt to solve a pilots' strike by offering unions 20% of Philippine Airlines has failed and the airline has shut down operations permanently. The company had been in serious financial difficulty and had a long history of labor problems.

Forty major institutional investors and investor advisory groups, large public retirement funds, labor unions, institutional investors, and the Council of Institutional investors issued a statement on May 19 urging Congress not to tamper with accounting reform.

Writing in a Forbes blog post, Bill Fotsch and John Case contrast the behavior of employee-owners and the decision by United Airlines to forcibly remove a passenger from an o