Draft Companies (Miscellaneous Reporting) Regulations 2018

Debate between Michael Fabricant and Seema Malhotra

Wednesday 4th July 2018 General Committees

[Seema Malhotra (Feltham and Heston) (Lab/Co-op)]

In the spirit of the previous interventions, I rise to acknowledge the work of John Spedan Lewis, who set an early trend for having women at the top and in corporate governance roles by talking about the importance of a woman being the financial secretary of a company and keeping everything in check. I also support the points that were made about the importance of a multiplier. Will the Minister clarify what the draft regulations mean by “employees” in comparison with workers?

[Michael Fabricant]

On a point of order, Mr Sharma. This is not really a point of order—it is a sort of helpful intervention—but I am going to say it is one. I just want to point out that Andy Street, who was the managing director of John Lewis, nominated a woman to run that company, not just to be secretary.