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.
State of the North 2024: Charting the course for a decade of renewalThe North’s communities are ambitious for a better future, but face systemic and pronounced inequalities. Gaps in power, wealth, opportunity, and health result in shorter, sicker, less fulfilling lives.
No home left behind: Funding a just transition to clean heat in ScotlandHow can we ensure that investment in clean heating in Scottish homes drives a just transition, sharing costs and benefits fairly?
The asylum backlog: Job done?This blog post sets out how the department must now grapple with a new set of backlog challenges.