Capital Gains: Broadening company ownership in the UK economy
Article
The unequal ownership of capital in the economy is a powerful driver of inequality.
With the share of national income going to capital having increased in recent decades, and likely to rise further, new models of company ownership are needed to reduce inequality and ensure the benefits of growing national wealth are widely shared.
This report sets out three different ways in which ownership can be spread more widely: the establishment of a national Citizens’ Wealth Fund, giving the public a share of corporate and other assets; the expansion of employee ownership trusts, which give employees majority ownership of companies; and the growth of co-operative and mutual firms. It recommends a series of reforms to achieve these goals.
Related items
State of the North 2025 - The kids aren't alright: How to deliver for young people in the North
This year’s State of the North report highlights how regional inequality exacerbates the growing challenges facing many young northerners.The transport challenge for low-income households
Many people living on low incomes in the UK are limited in their ability to access the building blocks of a good life because of poor transport provision.Towards universal opportunity for young people
Outlining a vision for young people which could increase social mobility while also reducing inequality and disadvantage, so that every young person has the opportunity to build a decent life.