EMPLOYEE OWNERSHIP AT CHEMCO INTERNATIONAL

Early day motion 2029, tabled 29 January 2019 by Hugh Gaffney (Labour). Signed by 15 members.

That this House welcomes Coatbridge-based specialist coatings company Chemco International becoming 100 per cent employee owned; congratulates the 24 staff members and company founder Manny Khorasani for pursuing employee ownership to protect jobs, skills and ties with the local community; urges other businesses to consider employee ownership as a viable business model; and calls on the Government to promote employee ownership in the UK economy.

Signatures by party: Labour 5, Scottish National Party 5, Labour/Co-operative 2, Conservative 1, DUP 1, Independent 1.