Takeovers and the UK Economy – a new report from Labour Business

Capital markets have increasingly become a vehicle for value extraction, at the expense of long‐term productive investment by companies. A new Labour Business briefing paper examines the causes and consequences of these trends, and outlines two areas for policy development. First, a stronger emphasis on regulating takeovers, as part of a comprehensive industrial strategy to protect the national interest. Second, a wider series of reforms to the corporate governance regime to promote workforce voices in company decision-making, strengthen the public interest, and create companies focussed on long-term, sustainable success.

By Chris Rees and David Offenbach

Open the full report here or see below: