Great Britain: government to encourage employee ownership

After it received the Nuttall report, the government issued a call for evidence on employee ownership. It also announced the creation of a special institute and of a new guide for businesses. (Ref. 120455)
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Context. On July 4, 2012, Graeme Nuttall gave its report on employee ownership to the government. It was ordered by Deputy Prime Minister Nick Clegg in order to promote employee ownership in the private sector. The study shows there are three obstacles to creating shareholder companies: a lack of awareness, a lack of resources, notably financial, and legal, tax and other regulatory complexities. “The Nuttall Report provides a framework to move this successful model into the mainstream of th

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