From the TUC

Janet Williamson's Articles

Abolishing stamp duty on AIM shares will not address the tax advantages of debt financing

20 Mar 2013, by in Economics

The TUC has long been concerned that the tax deductibility of interest payments on corporate debt encourages companies to carry high levels of debt and fuels highly-leveraged company buyouts. So our ears pricked up when George Osborne acknowledged in his Budget speech that the UK tax system ‘biased debt financing over equity investment’, implying –…

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Government bribes employees to give up employment rights

20 Mar 2013, by in Working Life

The Chancellor has announced that the first £2,000 of shares given to workers who become ‘employee shareholders’ will be exempt from both national insurance and income tax. Plans for a new ‘employee shareholder’ scheme were announced at the Conservative Party Conference. Under the scheme, employers will be able to offer employees at least £2,000 of…

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Cox Short-termism Review highlights importance of industrial policy but detailed recommendations fall short

05 Mar 2013, by in Economics

The Labour Party has today published an independent review Overcoming Short-termism within British Business carried out by Sir George Cox, a former Director General of the IoD. There is much to welcome in the review. In particular, it makes a powerful case that short-termism, which it defines as ‘the pressure to deliver quick results to…

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Big divide in fund manager voting

27 Nov 2012, by in Pensions & Investment

The TUC is publishing its tenth Fund Manager Voting Survey today. Once again the Survey shows just how much fund managers vary in their approach to voting at the AGMs of companies whose shares they hold. Pension fund members and trustees can use the Survey to see how their fund manager compares to others in…

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