Unions Call for Speed in Workers on Company Boards

Trade unions are pushing the prime minister to fulfil her promise to require companies to put worker representatives on boards. The TUC said Theresa May’s promise could be law within a year if a consultation is launched shortly after the Conservative Party Conference. Mrs May made the pledge in July during her campaign to be Prime Minister. The government says the issue will be included this autumn in a wider consultation over corporate governance. A spokesperson for the Department for Business, Energy and Industrial Strategy said: “As the prime minister set out at the G20 last month, to restore greater fairness, we will bring forward a consultation this autumn on measures to tackle corporate irresponsibility, cracking down on excessive corporate pay and poor corporate governance, and giving employees and customers representation on company boards.”

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