A number of articles have appeared recently regarding the response of Deputy Prime Minister of Britain, Nick Clegg, to Graeme Nuttall’s examination of methods to promote employee ownership and spread the benefits of employee ownership to the wider economy.
It’s not enough to talk about a new kind of capitalism: more balanced, more sustainable, fairer. We need to roll up our sleeves and build it – and that is what today is about.
. . .
That’s why today I have announced that an Institute for Employee Ownership will be established, that there will be new off-the-shelf ‘DIY packs’ for companies to adopt the Employee Ownership business model and that we will issue a call for evidence from business and employees on how a right to request could work
The Nuttall Review was published on July 4, 2012 to summarize the existing research on the benefits of employee ownership, identify the key barriers in adopting employee ownership and reccommend ways of overcoming these barriers. The report can be viewed here.
Responding to Nuttall – next steps to a John Lewis economy, Nick Clegg, Cabinet Office
British firms can be saved by employee ownership, says Deputy Prime Minister, Co-operative News
Nick Clegg seeks more employee ownership, BBC News
Nick Clegg to announce new employee ownership institute, The Guardian
Government shows support for employee ownership, Department for Business Innovation & Skill