Louise Haigh – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Louise Haigh on 2015-11-03.

To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the effectiveness of the Shares for Rights scheme.

Damian Hinds

No assessment has been made of the effectiveness of employers offering employee shareholder shares to their employees.

Employee shareholder status has been carefully designed as light touch and accessible, and to conduct an assessment of the policy effectiveness would require detailed information gathering from businesses and employees. There is no requirement on any company wishing to offer an employee shareholder contract to contact or notify any Government department or agency in advance or ‘apply’ to Government if they intend to use this measure.