Employee funds: An ICT news feature

Conservative Party comes out strongly in favour of Employee Share Ownership Schemes. Although employee shareholding schemes are becoming an important feature of industrial life in other countries, in Britain they have been neglected by employers and cold‐shouldered by unions. In France such schemes have been required in law since 1967 for companies employing more than 100 employees; in Sweden the movement has been going strongly for over 25 years, culminating in the Meidner Plan which would have required certain companies to hand over 20 per cent of their profits to union‐controlled employee funds; 18 million workers in West Germany benefit under employee share schemes and in the USA the movement flourishes more than anywhere else.