Improving employee ownership is one of the leitmotivs of the Cameron team, which recently announced the creation of a tailor-made stock index to identify businesses where at least 3 percent of capital is held by employees. The aim is to appeal to investors and encourage them to bank on these unusual businesses, which are “more resilient to economic shocks,” according to the Employment Minister. (Ref. 130728)
How to spot businesses owned by employees in the City Jungle? By creating a new, tailor-made stock index for them. This is the British government’s new idea, to help investors spot these businesses more easily and bank on them. “Evidence shows that businesses that adopt the employee ownership model can be more profitable, create more jobs and are more resilient to economic shocks,” explained Employment Minister Jo Swinson, on November 19. “The Employee Ownership Index will now mean investor
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