Profit-Sharing.

Oral Answers to Questions — Scotland. – in the House of Commons at on 10 March 1925.

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Photo of Mr Irving Albery Mr Irving Albery , Gravesend

55.

asked the Chancellor of the Exchequer whether he will consider the possibility of encouraging profit-sharing in the industries of this country by conceding some advantage in taxation to companies and firms dividing a certain percentage of their profit amongst their workers in addition to the standard wage?

Photo of Mr Winston Churchill Mr Winston Churchill , Epping

I am not by any means indifferent to the advantages of profit-sharing, but I fear I could not approve any proposal to encourage it in the manner suggested by my hon. Friend.