How would Labour plan to give workers 10% stake in big firms work?

Party pledges shake-up but businesses call employee ownership scheme ‘draconian’ Labour has proposed giving workers a stake of 10% in large companies. Each member of staff in those firms would receive as much as £500 per year in the form of dividends from employee ownership schemes. This policy would be one of the most radical shake-ups for British business in living memory. Here is a guide to the proposal and its ramifications. Continue reading...