Proceeding contribution from Tony Lloyd (Labour) in the House of Commons on Friday, 7 March 2008. It occurred during Debate on bill on Private Equity (Transfer of Undertakings and Protection of Employment) Bill.
Private Equity (Transfer of Undertakings and Protection of Employment) Bill
My hon. Friend is making an interesting point. One of the great disadvantages of TUPE, where it applies, is the fact that there is enormous uncertainty for the work force during the period of the takeover, or the change of equity owner in the circumstances that he describes. What does he make of the report in this morning's Financial Times that the CBI says that one of the reasons for not making this change is that it would increase uncertainty for companies? Would it not in fact give them greater certainty?
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c2032;472 c2030
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Conditions of employment Companies Dismissal Mergers Takeovers Private equity
- Legislation
- Private Equity (Transfer of Undertakings and Protection of Employment) Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 23:59:10 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_453118
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