From the TUC

Janet Williamson's Articles

Worker reps on company boards could happen within a year if PM makes good on her commitment

05 Oct 2016, by in Economics

Speaking today at the Conservative Party Conference, the Prime Minister repeated her commitment to introduce worker representation on company boards. The TUC has just published a new report All Aboard that sets out proposals for making this a reality, arguing that laws to put worker board representation into practice could be on the statute book…

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Total bonuses reach record high

15 Sep 2016, by in Labour market

Government figures out today show that total bonuses across the economy have reached the highest level ever, surpassing the previous high seen just before the financial crash in 2007-8. While the financial sector accounts for nearly one third of the total, the rate of increase in total bonuses has been faster in the rest of…

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Unions and investors come together to call time on poor employment practices at Sports Direct

06 Sep 2016, by in Pensions & Investment

UPDATE: The vote is in and 53% of the independent Sports Direct shareholders voted against management and called for an independent investigation. That’s a record level of support for an employment-related resolution in the UK. The final vote still won’t pass as Ashley himself owns 55% of Sports Direct shares, but it’s a major win for the…

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Love productivity? Then you should #heartunions

11 Feb 2016, by in Economics

It is heartunions week – and perhaps one of the more surprising reasons to love unions is that they are good for productivity. I have an article on this in an e-pamphlet recently published by the IPA ‘Involvement and Productivity – The missing piece of the puzzle?’ Productivity has risen up the agenda in recent…

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Pensions round-up in #SpendingReview 2015

25 Nov 2015, by in Pensions & Investment

In contrast to recent budget speeches, which have included significant changes to pensions policy, the pensions announcements in this spending review do not herald any major new policy developments. However, the government has moved forwards on its plans to introduce pooling in investments for local government pension schemes. In addition, the consultation launched in the…

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Andy Haldane: Shareholder primacy is bad for economic growth

28 Jul 2015, by in Economics

Andy Haldane, the Bank of England’s Chief Economist, has said that the UK’s shareholder model of corporate governance is holding back business investment and hurting economic growth. In a fascinating interview on Newsnight with Duncan Weldon (formerly TUC Senior Economist), he said that firms now return too much of their profits to their shareholders, and…

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