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Business Views On The Stakeholder Society

EDM number 615 in 1995-96, proposed by David Shaw on 13/03/1996.

That this House welcomes the demolition of another of Labour's big ideas, namely stakeholding, by top businessmen Sir Ronnie Hampel, Chairman of ICI, and Sir Stanley Kalms, Chairman of Dixons; believes that a stakeholder society in which savers' and pensioners' investment returns are reduced in order to meet the demands of trade union bosses and Labour honourable Members would be enormously damaging to the United Kingdom economy; calls on the Labour Party to publish details of the impact a stakeholder assurance funds in which 16 million people have an interest; endorses fully the statements on stakeholding which Sir Ronnie said 'If there is an impediment placed in our way in the sense of adding to our costs, we will fail', and 'it will add cost in a dogmatic way and a codified way which is not relevant to every business'; and calls on Labour honourable Members to reject the trade union bosses and Shadow Cabinet calls for Labour to adopt stakeholding policies.

This motion has been signed by a total of 25 MPs.

MPDateConstituencyPartyType
David Shaw13/03/1996DoverProposed
Elizabeth Peacock13/03/1996Batley & SpenSigned
Nicholas Winterton13/03/1996MacclesfieldSigned
Ann Winterton13/03/1996CongletonSigned
David Wilshire13/03/1996SpelthorneSigned
Nicholas Baker13/03/1996North DorsetSigned
Jacques Arnold13/03/1996GraveshamSigned
Michael Fabricant13/03/1996Staffordshire MidSigned
Bob Dunn13/03/1996DartfordSigned
Timothy Devlin13/03/1996Stockton SouthSigned
Nirj Deva13/03/1996Brentford & IsleworthSigned
Stephen Day13/03/1996CheadleSigned
Roger Moate13/03/1996FavershamSigned
Keith Mans13/03/1996WyreSigned
Nigel Jones13/03/1996CheltenhamSigned
Charles Hendry13/03/1996High PeakSigned
James Spicer13/03/1996West DorsetSigned
Graham Riddick13/03/1996Colne ValleySigned
Robert Hughes14/03/1996Harrow WestSigned
Toby Jessel14/03/1996TwickenhamSigned
David Nicholson14/03/1996TauntonSigned
David Atkinson14/03/1996Bournemouth EastSigned
Hartley Booth14/03/1996FinchleySigned
Geoffrey Clifton-Brown19/03/1996Cirencester and TewkesburySigned
Teresa Gorman20/03/1996BillericaySigned

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