date: 23 July 2012
embargo: For immediate release
Commenting on the publication today (Monday) of the Kay Review of equity markets and long-term decision making, TUC General Secretary Brendan Barber said:
'This review provides a welcome recognition of the problems that short-termism is causing for British business and for our future economic growth.
'Many of the Kay Review recommendations could help to promote longer-term corporate decision making and get top pay under control.
'But questions remain as to whether a voluntary approach can achieve the changes in culture and practice the UK needs. The government may have to examine regulatory changes if we don't start to see a real cultural shift.'
NOTES TO EDITORS:
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Press release (300 words) issued 23 Jul 2012
This page http://www.tuc.org.uk/economy/tuc-21263-f0.cfm
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