(12 years, 2 months ago)
Commons Chamber8. What steps he is taking to increase levels of employee ownership.
The Government have welcomed the excellent report by Graeme Nuttall, which provided a series of recommendations on how we can promote employee ownership. We will publish a full Government response to his recommendations this autumn. We have already published a call for evidence on the right to request employee ownership, and I encourage any Members who have ideas on it to get in quick as it closes tomorrow.
I thank the Minister for that answer and warmly welcome her to her new role. The German and US economies have a much greater diversity of corporate ownership structures, so I wonder whether the Minister, in addition to looking at excellent British companies such as the John Lewis Partnership, will be looking abroad for useful lessons.