Thursday, 5 July 2012

UK: the Nuttall Review of Employee Ownership

The Nuttall Review - the purpose of which was to identify barriers to employee ownership and make recommendations - published its report yesterday: see here (pdf). The report identifies three broad barriers: a lack of awareness, a lack of resources and actual (or perceived) legal, tax and regulatory complexities. Many recommendations are made. The Government has responded - see here - and, amongst other things, a call for evidence is expected later this week on how a right to request employee ownership could operate.

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