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SUPPORTING THE EMPLOYEE OWNERSHIP SECTOR

EDM (Early Day Motion) 394: tabled on 11 July 2013

Tabled in the 2013-14 session.

This motion has been signed by 22 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 UK's first Employee Ownership Day; notes the success of businesses owned by and for their staff; recognises the productivity, profitability and motivational benefits which employee ownership brings to UK businesses; further notes that employee-owned businesses still only account for around 3 per cent of GDP, which is below the EU average, and far lower than countries like the US, France or Germany; welcomes the Government's commitment to provide £50 million annually from 2014-15 and the recent HM Treasury consultation to further incentivise growth of the sector; and hopes that this will level the playing field and help the Employee Ownership Association realise their vision to see 10 per cent of UK GDP produced by employee-owned businesses by 2020.

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There are no withdrawn signatures for this motion.