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Co-Partnership Schemes

Volume 530: debated on Thursday 15 July 1954

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asked the Minister of Labour if his attention has been drawn to the recent announcements of co-partnership schemes by major industrial concerns; and whether he will state the policy of Her Majesty's Government in this connection.

Yes, Sir. The policy of the Government is to leave employers and workers free to adopt the arrangements best suited to their individual circumstances, which vary considerably between firms and between industries. We welcome any arrangements which create harmonious relations in industry and, at the same time, lead to increases in productivity.

Can the Minister assure us that there is no great substance in recent allegations that Treasury advice about the fiscal effect of such schemes has caused a number of them to be deferred? If there is any substance in the allegations, will he consult the Chancellor of the Exchequer to see whether anything can be done to meet the difficulty?

That part of the matter is for my right hon. Friend the Chancellor of the Exchequer, and I will see that he knows about it.