Discretionary Share Option Schemes in the Privatised Utilities

Part of New clause 1 – in the House of Commons at 5:30 pm on 3rd April 1995.

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Photo of Gerry Sutcliffe Gerry Sutcliffe , Bradford South 5:30 pm, 3rd April 1995

Is not the whole point that we are talking about privatised monopolies? That is the base from which directors work. They do not do anything over and above what other shareholders do. Those shareholders take risks, but no risk was involved for those directors. They work in privatised monopolies. Surely the Government should have done something at an early stage.