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Childbase employee-ownership report gets ministerial backing

Nursery group Childbase Partnership has received support from government ministers for its call for more employee ownership in UK businesses.

 

Deputy Prime Minister, Nick Clegg, who had already given his support for Childbase’s call for action, was joined by Employment Minster Norman Lamb and other leading politicians in backing it.

The Coalition government announced its public sector mutuals programme in 2010, giving public sector workers a new right to form employee-owned co-operatives.

Mr Lamb described the economic case for employee ownership as overwhelming and urged everyone to contribute their ideas to a government review due in July.

Childbase claims that, as well as being more sustainable and accountable, co-owned businesses reduce absenteeism and increase productivity.    

Mike Thompson, chief executive of the Childbase Partnership, said, ‘The time for talking has long passed; we need action now if the government wants to reap the benefits of increased employee engagement.

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