PRIVATE EQUITY COMPANIES

Early day motion 939, tabled 21 February 2007 by John McDonnell (Labour). Signed by 28 members.

That this House welcomes the statement by the TUC's General Secretary accusing some private equity companies of operating like `amoral asset strippers' and `casino capitalists'; and calls upon the Government to consider legislation to exercise control over the damaging behaviour of those operations and to review the tax relief on interest paid by private equity groups.

Signatures by party: Labour 21, Liberal Democrat 4, Independent 1, Plaid Cymru 1, Respect 1.