Proceeding contribution from Lord Myners (Labour) in the House of Lords on Tuesday, 8 March 2011. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill.
Postal Services Bill
The Minister started her answer by saying that as things were as they are, and there was no good reason for changing that, they should remain as they are. Surely, however, the Government are making changes, and that is the appropriate trigger for consideration of this factor. From these Benches we are urging that it is essential that the workers in this company, which has always been a very delicate organisation, who have served it loyally over many decades, are entitled to believe—almost as part of the concept of the ““big society””—that the Government recognise that there is a degree of mutualisation. After all, that is why the Government are gifting shares to the workforce. So why go only halfway? Why stop at the point of gifting shares and not empower those shareholders to give voice and expression around the board table?
Secondary information
- Type
- Proceeding contribution
- Reference
- 725 c1557
- Session
- 2010-12
- Chamber / Committee
- House of Lords chamber
- Subjects
- Industrial relations Finance Investment Privatisation Workplace pensions Parliamentary scrutiny Staff Pension funds Profit sharing Postal services Post Office Modernisation Shares Reform Shareholders Royal Mail Sunset clauses
- Legislation
- Postal Services Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2023-12-15 15:05:41 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_722698
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