Lindsay Roy
Main Page: Lindsay Roy (Labour - Glenrothes)Department Debates - View all Lindsay Roy's debates with the HM Treasury
(12 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Gauke
My hon. Friend will be aware of the Nuttall review, which reported last week. The Treasury is also considering its role in helping employee ownership to support growth as well as options to remove barriers, including tax barriers. That work is being considered in the run-up to the autumn statement.
Lindsay Roy (Glenrothes) (Lab)
Does the Minister agree with the chief executive of Sainsbury’s, who said that “trading employment rights” for company shares is
“not what we should be doing”?
Mr Gauke
What Sainsbury’s does is a matter for Sainsbury’s, but I also point out the comments made by the likes of the leaders of the Federation of Small Businesses, the British Chambers of Commerce and the Institute of Directors, who have said that this measure will help entrepreneurs, start-up businesses and the fast-growing companies that we need. Surely the whole House should welcome that.