On the radio on Saturday UK Cabinet Minister Michael Gove was asked about his party’s promise to plant 50000 trees. The interviewer points out that his government had failed to deliver on similar promises made in both 2015 and 2017. So why should we believe … Continue readingThe La-La Land of Election Promises – and why no-one talks about implementation
To most people, capitalism would be a lot better if it allowed entrepreneurs to start businesses and make profits, but steered them towards thinking long term, protecting the planet, and valuing customers and employees and sharing rewards with them. In the USA and the … Continue readingExtractive capitalism is back – unintentionally encouraged by the left
Two weeks ago I praised John McDonnell for plans to spread share ownership. Now more details have emerged and I’ve changed my mind. When I was with Labour Business speaking at their conference fringe 2 years ago I recommended a requirement for LARGE LISTED companies … Continue readingLabour’s Employee Ownership Plan: not so inclusive after all
For some years I have argued that companies should follow the example of listed company Handelsbanken and set aside a proportion of their profits into an employee shareholding trust. More recently I suggested that top executives should only be permitted large bonuses or share awards … Continue readingCredit to Labour for their new thinking on wealth creation
What are we to make of Labour’s new report entitled Financing Investment? As it happens, the report came out on the same day as I joined Professor John Kay, Sir Anthony Seldon and others at a PARC Trinity House event to discuss ‘Productivity – what … Continue readingProductivity: what is the problem and how to fix it?
The good news is that Labour has listened to the voice of business, and its employees. It has recognized that customs union membership is the essential platform for supply chain effectiveness, business continuity and future investment in long term wealth creation. Not to mention the … Continue readingCorbyn’s Coventry Speech – the good news and the bad news
I will be speaking at this event at the ACC Liverpool on September 27th alongside Stephen Kinnock MP, Seema Malholtra MP and Ed Mayo, Secretary General of Co-operatives UK. For more information click here.