John McDonnell is not offering workers real share ownership | Nils Pratley
The cause is excellent but the shadow chancellor’s model is just too complicatedBig business has predictably grumbled about John McDonnell’s plan that every company with 250 or more employees should create an “inclusive ownership fund” that will eventually own 10% of the firm’s equity. But workers themselves may also have a few questions. One can understand the bald arithmetic that allows the shadow chancellor to say almost 11 million workers “could be £
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