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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