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BUSINESS VIEWS ON THE STAKEHOLDER SOCIETY

EDM (Early Day Motion) 615: tabled on 13 March 1996

Tabled in the 1995-96 session.

This motion has been signed by 25 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House welcomes the demolition of another of Labour's big ideas, namely stakeholding, by top businessmen Sir Ronnie Hampel, Chairman of ICI, and Sir Stanley Kalms, Chairman of Dixons; believes that a stakeholder society in which savers' and pensioners' investment returns are reduced in order to meet the demands of trade union bosses and Labour honourable Members would be enormously damaging to the United Kingdom economy; calls on the Labour Party to publish details of the impact a stakeholder assurance funds in which 16 million people have an interest; endorses fully the statements on stakeholding which Sir Ronnie said 'If there is an impediment placed in our way in the sense of adding to our costs, we will fail', and 'it will add cost in a dogmatic way and a codified way which is not relevant to every business'; and calls on Labour honourable Members to reject the trade union bosses and Shadow Cabinet calls for Labour to adopt stakeholding policies.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

There are no withdrawn signatures for this motion.