Proceeding contribution from David Kidney (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
I am following my hon. Friend's speech with interest. On the point he just made, do we not stand on the brink of a new wave of sovereign wealth funds introducing new owners to businesses and new employers into this country? Would it not be wrong if, faced with the decision of how to invest in this country, they said, ““If we buy the company, we must consult and give information to the employees, who are protected from unfair dismissal, but if we buy the shares, they won't have those protections””? Is that not his point?
Secondary information
- Type
- Proceeding contribution
- Reference
- 472 c2033;472 c2031
- 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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- Timestamp
- 2023-12-15 23:59:08 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_453122
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