TUC – Investors shunning Deliveroo should force company to rethink how it treats its workers

Commenting on today’s (Wednesday) stock market float by Deliveroo, TUC General Secretary Frances O’Grady said:  

“Deliveroo has no excuse for the way it treats its workers. 

“It’s a damning indictment of the company’s exploitative business model that so many major funds have publicly shunned this float.   

“Instead of setting aside hundreds of millions of pounds to fight legal battles on workers’ rights, Deliveroo should just treat its riders fairly and pay them properly.  

“And if the company thinks it can just cash in on this listing without improving working conditions, it should think again. Deliveroo will face greater scrutiny as a publicly listed company, and responsibilities to stakeholders. It needs to get start treating its workers decently.”