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WORKERS would be set for a windfall of up to £1,200 a year if British bosses were required to share profits with staff, MPs heard yesterday.
Labour MP Gareth Thomas revealed the potential pay boost as he brought forward a Bill calling for the introduction of a mandatory French-style profit sharing scheme.
Workers at Sports Direct, where working conditions have been likened to the gulag by the Unite union, would pocket £507 if director Mike Ashley was made to share as little as 5 per cent of the company’s £180 million profit.
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
Martin Taylor, the hedge-fund multimillionaire who has poured millions into pushing Labour rightwards, helped finance Lucy Powell’s supposedly dissenting campaign — suggesting her victory was not the ‘soft-left’ rebellion some have claimed, says SOLOMON HUGHES