Reply to post: Re: corporate conscience

Raising minimum wage will raise something else: An army of robots taking away folks' jobs

Chris G

Re: corporate conscience

"'Section 172 of the 2006 Companies Act (below) specifically says company Directors must consider the interests of employees, suppliers, community, environment etc, and not just in a short term context either.'"

I think this Act was a result of Tony Bliar's Stakeholder blether before he was elected and was passed so that if up against the wall as a non-practising socialist he could point to the act to show that he was.

I doubt if the act was ever intended to be enforced.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon