The hon. Gentleman says that it is impossible to create mutuals from a transfer, but is it not the case that John Spedan Lewis created the John Lewis Partnership by transferring a business into an employee-owned trust? Is not that a great example of an existing business being transformed into a highly successful mutual, if not a co-operative?
Postal Services Bill
Proceeding contribution from
Jesse Norman
(Conservative)
in the House of Commons on Wednesday, 27 October 2010.
It occurred during Debate on bills on Postal Services Bill.
About this proceeding contribution
Reference
517 c386 Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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