Category Archives: Employee buyouts

Shadow Chancellor: Co-operative Ways Forward conference

“Co-operatives should, I believe, play an essential part in the economy of the future”  Edited extracts, added information and links (full text here). John McDonnell pointed out that wealth is more concentrated now than it has been for a century … Continue reading

Posted in Banking, Co-operative movement, Democratic participation, Employee buyouts, Employee ownership, Worker co-operatives | Tagged , , , , , | Leave a comment

Labour leader Jeremy Corbyn welcomes profit-sharing and employee-ownership

Prem Sikka, Professor of Accounting at Essex Business School’s Centre for Global Accountability, opened a recent article by reflecting that corporations, such as BHS, are being run entirely in the interests of executives and shareholders, with little concern for anyone else. … Continue reading

Posted in Co-operative movement, Co-operative News, Democratic participation, Employee buyouts, Employee ownership, Worker co-operatives | Tagged , , , , , , | 1 Comment

John McDonnell MP: build an entrepreneurial state at a local level – help to create fairer and more prosperous local economies

John McDonnell MP, Labour’s Shadow Chancellor, speaking at the TAS Partnership, an employee owned transport company, described Preston council as a model of an innovative local Labour administration starting to think and act creatively to secure sustainable economic growth. Preston … Continue reading

Posted in Co-operative movement, Co-operatives UK, Democratic participation, Employee buyouts, Employee ownership, Worker co-operatives | Tagged , , , , , , | Leave a comment

Co-operative Group announce some drivers will be transferred to Eddie Stobart; bad management alleged

The Group’s board has announced that some drivers will be transferred to Eddie Stobart and 85 staff at the Coventry national distribution centre were told they could be moved to the private haulier in April. The Group currently operates around 3,000 … Continue reading

Posted in Co-operative Group, Co-operative News, Employee buyouts, Employee ownership, Problems, Worker co-operatives | Tagged , , | 1 Comment

Proposal to support employee buyouts denounced by two businessmen

A whipping boy for the proposed tax avoidance policies? In the latest issue of the Co-operative News the Labour Party leader said that employee buyouts show how self-help and mutuality can build resilience into our economy, saving productive businesses and … Continue reading

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Good news re CIS and EU conference on ESOPs

. The Co-operative Group recently announced that it wants to sell off its general insurance operations but it is now reported that it has decided to cancel the sale of General Insurance and keep GI in co-operative ownership. The National … Continue reading

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A new era: From occupation to workers’ control

Resilience features this article by editor, witer and punk rock singer  Willie Osterweil, originally published by Shareable. He told the story of a Chicago factory, formerly known as Republic Windows and Doors, which had been making windows and doors since … Continue reading

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