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Private Equity (Transfer of Undertakings and Protection of Employment) Bill

I am grateful for the hon. Gentleman's intervention, but I am not sure where he is coming from. I do not see why one's right to join a trade union should be any different whether one works for a private equity company, a public sector organisation or a public company. The TUC says that disclosure requirements are less for private companies, which file accounts up to nine months after the year end, do not have to produce quarterly or interim results, and do not have to put their annual report on a website—it has to be applied for. The Companies Act 2006 requires quoted companies to include in their business review information such as business trends, information on the company's employees and suppliers, environmental matters—hugely important—and corporate social responsibility matters. The TUC points out that that is not a responsibility for private equity companies, because they are indeed private.