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Co-operatives (Employee Company Ownership)

11 January 2022

Lead MP

Christina Rees

Debate Type

General Debate

Tags

EconomyEmployment
Other Contributors: 1

At a Glance

Christina Rees raised concerns about co-operatives (employee company ownership) in the House of Commons. Other MPs contributed to the debate.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
Moves to introduce a Bill allowing groups of employees at risk of redundancy to buy their employing company as a co-operative. Cites the economic benefits and historical context of employee ownership, including the 'Ownership Effect' inquiry, the Nuttall review, and Italian Marcora law which enables workers to purchase out-of-risk employer companies with government support. Emphasises the potential for wider wealth sharing post-pandemic and calls on the UK Government to consider introducing a similar scheme.
Assessment & feedback
Summary accuracy

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