John McDonnell's Labour conference speech on workers company shares

The transcript discusses the importance of employee ownership in companies, highlighting its benefits such as increased productivity and long-term decision-making. It acknowledges contributions from the Co-op party and Garth Thomas MP in promoting common ownership. The speaker announces plans to legislate for large companies to transfer shares into an inclusive ownership fund, allowing workers to have a say in company decisions and receive dividend payments, potentially up to £500 annually, benefiting eleven million workers.

What is one of the benefits of employee ownership mentioned in the video?

• It decreases company expenses.

• It increases a company's productivity.

• It shortens decision-making processes.

• It reduces the number of employees needed.

What legislative action is proposed for large companies?

• To increase employee salaries.

• To reduce working hours.

• To transfer shares into an inclusive ownership fund.

• To hire more employees.

Who will manage the shares in the inclusive ownership fund?

• An external investment firm.

• The workers collectively.

• A government agency.

• The company's board of directors.

What financial benefit will workers receive from the inclusive ownership fund?

• A one-time bonus.

• Free company shares.

• Annual dividend payments.

• A fixed monthly salary increase.

How much could the dividend payments be per year for each worker?

• Up to £1000

• Up to £200

• Up to £750

• Up to £500