Anyway, the piece in The Independent on this is well worth reading.
Monday, 22 September 2014
Unison applies capital strategy in Care UK dispute
I've blogged previously about the Care UK dispute. Given the company and its private equity owner Bridgepoint Capital's reluctance to behaviour like the responsible employers they claim to be, it's a smart move by Unison to go to the pension funds. Bridgepoint has some major public sector pension funds in both the US and UK as investors, I wonder how impressed they are? News of this dispute has spread globally, it will probably get a mention in Canada this week where the PRI has its annual conference (Bridgepoint being a PRI signatory).