Clifford Chance

The UK Labour Party announced a proposal at its annual autumn conference that would require 10% of the shares in all companies with more than 250 employees to be owned by the employees. The dividends on those shares would then be shared between employees (but capped at £500 per employee), and the balance paid to the Government.

Dan Neidle and Phillip Souta discuss the practical implications for investors and businesses and what this might mean for shareholders.

The content of this podcast does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.

Related links

• Brexit and a general election – the rules and the likelihood (Clifford Chance briefing)
• John McDonnell’s full speech to Labour Conference 2018 (video)
• Jeremy Corbyn's full speech to the Labour party conference (video)