"either an idiot... or possessed of a dangerous agenda and very cunning"
Friday, 3 July 2009
Great result for Unite at Tesco
Unite's shareholder resolution at Tesco got over 11% in favour plus about 7% abstentions. This is quit a bit better than a lot of folks would have been expecting I suspect. Release here, let's hope this encourages other unions to explore investor activism.
Ex-TUC official now working for a consultancy that deals with corporate governance and shareholder engagement. I'm interested in getting the labour movement and the Left to understand the capital markets properly. There's plenty that needs fixing, but we need to get beyond simplistic anti-City and anti-business rhetoric to do it.
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