1. May Courts Business Seeking to Avoid Brexit Exodus

    May Courts Business Seeking to Avoid Brexit Exodus

    Prime Minister Theresa May set out plans to get big business behind her Brexit strategy on Monday, toning down plans to put workers on company boards and promising to spend billions of pounds on science, technology and research. In return, May told business leaders at a conference hosted by the Confederation of British Industry, that they needed to keep up their own investment, embrace corporate governance reforms and help spread prosperity across the country ...

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    1. The reputation of business as a whole has been bruised.
    2. While it is important that the voices of workers and consumers should be represented, I can categorically tell you that this is not about mandating works councils, or the direct appointment of workers or trade union representatives on boards.
    3. Theresa May made a clear promise to have workers represented on company boards. The proposals in her speech today do not deliver on this.
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