eoa Launches Manifesto for Gov to Incentivise, Support, and Unlock UK EO Potential  

The eoa has officially launched its manifesto calling on Government to unlock the potential of the UK’s employee owned sector. 

Image: Canva Photos

As the employee owned sector matures, there's an unrivalled opportunity to dial-up how EO in the UK delivers better livelihood outcomes. 

There’s more we can do to make sure we deliver better jobs that deliver better economic security and power more resilient and sustainable growth across the UK. 

Working with our members, and through extensive research and collaboration, we've crafted a manifesto that charts a course towards a thriving EO landscape. 

As we move closer to the general election and beyond, it serves as a roadmap for the employee owners we serve, the sector at large, and in our conversations with allies where our policy asks are aligned. 

The four key priority areas we’ve identified and embedded within the manifesto are: 

  1. Sustaining EO sector growth
  2. Clear government leadership
  3. Accessible capital for EOBs to invest in their future
  4. An effective business support eco-system 

As well as the continued growth of the EO sector, the emphasis has been focussed on how the existing EO sector can be supported to thrive and deliver positive impacts on people and society, the environment, and the commercial economy. 

Ten Years of Growth and Learning 

The employee ownership trust (EOT) was introduced back in 2014. Now, a decade later, the sector is on course for 2,000 businesses by the end of this year - a significant portion of which are eoa members.  

Last year, ground-breaking research commissioned by the eoa, established a new baseline in our understanding of the scale and impact of employee and worker ownership in the UK on employees, businesses, and our wider economy and society. We also evidenced the practices EO businesses can evolve to deliver increased impact. 

As the most extensive research to date contrasting employee owned businesses (EOBs) with non-EOBs across economic, social, and environmental outcomes, this actionable evidence demonstrates the significant potential that EO has for a prosperous, fair, and productive economy and the steps policy makers can also make to ensure we can increase these impacts further. 

Moreover, the ‘Generation EO: The Great Succession Opportunity’ report found that 120,000 SMEs intend to divest or sell their shareholding over the next decade - with 43% predicting the business will need to find completely new owners or face closure.  

This presents a unique opportunity for EO to grow over the next few election cycles and help reinforce a vital piece of the economy.  

In 2023, the government opened its EOT consultation, which offered an opportunity to share our experiences over the past decade and put forward proposals to strengthen the model.  

We'll update you on progress and keep the conversation going through conversations on eo Hub and via our events.  

In the meantime, you can direct any concerns to our Policy Lead, Sam Blakeborough.  

Future Action 

Going forward, we’ll use these proposals to inform engagement with decision-makers and other key stakeholders to promote sector interests.  

We’ll also invite and empower our members and supporters of the sector to do the same at key opportunities, such as EO Day. The theme for this year’s EO Day is #ProudlyEO and takes place on Friday 21 June.  

A key hurdle to overcome is building knowledge of EO as a viable and ethical business model in the political and economic mainstream. That’s where you can help ensure out voice is heard.  

We’ve put together a draft letter you can tailor and send to your local MP, inviting them to learn more about employee ownership, EOTs, and the evidence-backed benefits it brings to business, society, the environment, and the economy. 

If you’re not certain about your local MP, click or tap here to find out. 

We also urge those aligned with our policies to share this with your contacts and talk to us about how we can work together.  

Share your insights and good news stories directly to our thriving community in the eo Hub. If you’re not already signed up, create a profile today and join thousands of others in our exclusive online member area. 

For anything related to stories, please email Dominic

For media enquires, contact Keely

21 Jun 2024
EO Day 2024 – Proudly Showcasing the Answer to a More Thriving and Resilient UK Economy
From Scotland down to Cornwall, from Wales across to Hull, businesses that are growing and investing in the UK for the longer term are celebrating and raising awareness of a growing sector that is #ProudlyEO
19 Jun 2024
EO Emerges as Best Succession Option for Tech and Digital Transformation Consultants, PTS Consulting
After exploring all possible succession routes, employee ownership emerged as the best way forward for technology and digital transformation consultants PTS Consulting (PTS).
17 Jun 2024
How Employee Ownership Enables LGBTQIA+ People to Thrive
By distributing ownership and giving everyone a stake and a say, EO fosters workplaces where LGBTQIA+ employees can flourish, leading to a more equitable and representative corporate landscape. Join us for a closer look this Pride Month.
13 Jun 2024
CEO Blog Manifesto Week - No Upsets, No Big Surprises, But Plenty to Build on
James de le Vingne, Chief Exec of the eoa, dives into the manifestoes released this week, what they mean for employee ownership, and his hopes for an incoming government.
11 Jun 2024
Celebrating Financial Freedom with EO Day
Back in 2018, The 1:1 Diet by Cambridge Weight Plan used EO Day 2018 to announce its financial freedom. Here, our EO Day 24 sponsor relives a special day that will forever remain as a milestone moment for the business.
03 Jun 2024
How Britain’s First LGBTQ+ Certified Business Used EO to Better Embed EDI
For Pride Month, we spoke to Ed Riseman from eoa member The Big Group about running a business as an LGBTQ+ person and how employee ownership weaves EDI in the workplace to benefit all employees.
24 May 2024
The Power of Sensitive Succession Planning – Takeaways from our Scottish EO Exchange
This week, a cross section of Scotland’s employee owned sector came together in Edinburgh for our EO Exchange based around succession planning – sharing insights and experience amid news that Scottish EO businesses are skyrocketing.
22 May 2024
eoa Celebrates Third ‘Ownership Hub’ Pilot Launch in West Midlands
In partnership with the eoa, the West Midlands Combined Authority has launched its Ownership Hub project to grow employee and worker ownership in the region’s arts and creative sectors.
20 May 2024
Five Ways to Supercharge your EO at the eoa Annual Conference
Baxendale Employee Ownership, sponsors of the eoa Annual Conference for a third year running, break down five reasons why you should attend.
14 May 2024
eoa Launches Manifesto for Gov to Incentivise, Support, and Unlock UK EO Potential
The eoa has officially launched its manifesto calling on Government to unlock the potential of the UK’s employee owned sector.
03 May 2024
Ireland Makes History with its First Employee Ownership Trust
Ireland has announced its very first employee ownership transition using the employee ownership trust model – potentially paving the way for a vibrant new era of Irish employee ownership.
02 May 2024
Inspiration For EO Day – 50 Days to Go!
A handy guide to help you celebrate your employee ownership pride and make EO Day 2024 bigger and better than ever.
30 Apr 2024
‘A vehicle for unleashing employees’ potential’ – The Industry Club Goes EO
Creative recruiter, The Industry Club, has marked its thirteenth year by transitioning to employee ownership.
25 Apr 2024
CEO Blog: New eoa - Shaping the Future
James de le Vingne, CEO of the eoa, reflects on everything we unveiled at the People Powdered Business event and explores the exciting launches we've got planned for the next few months.
17 Apr 2024
Employee Ownership Underpins Scott and Fyfe’s Incredible Turnaround
Scott and Fyfe, a pioneering technical textiles company, has announced impressive profits which it attributes in part to employee ownership.
10 Apr 2024
Optimum Coatings Ushers in Era of Business Success in Morecambe with Move to EO
Optimum Coatings has reaffirmed its commitment to its vibrant local community, recognised the contributions of its employees, and secured long-term business stability by transitioning to an Employee Ownership Trust (EOT).
08 Apr 2024
Demonstrate Your Employee Ownership Pride Ahead of EO Day
We’re rapidly approaching the twelfth annual EO Day, uniting the sector to celebrate the power of Great EO.
02 Apr 2024
eoa Welcomes Graeme Nuttall OBE as its First Official Ambassador
Graeme Nuttall OBE has joined the eoa as International Ambassador, with a focus on developing and promoting international best practice for employee ownership.
28 Mar 2024
Interact Becomes the First Employee Owned Contact Centre Outsourcer
Interact has become the UK’s first employee owned contact centre outsourcer after selling the majority of its shares into an Employee Ownership Trust
13 Mar 2024
The Countdown is on to Celebrate ‘Proudly EO’ Businesses for EO Day
There’s only a 100 days until this year’s EO Day. We guarantee it’ll be here before you know it. So mark your calendars for Friday June 21, appoint an EO Day lead, and/or assemble your team, and plan your EO Day activity.
11 Mar 2024
Purplefish Announces Transition to Employee Ownership
Purplefish has become the first PR agency in Bristol to make the move to employee ownership after founder Joanna Randall sold all of her shares to an Employee Owned Trust.
08 Mar 2024
Empowering Equality: The Impact of Employee Ownership on Gender Diversity in Business
We spoke to a few of the female senior leaders in the eoa community to understand how a variety of EOBs from across different industries are empowering women.
07 Mar 2024
What Does the Spring Budget Mean for Employee Ownership?
The Spring Budget presents missed opportunities in building a more prosperous economy; developing the role of EO, and further unlocking its impacts for businesses, employees, and our wider society.
07 Mar 2024
eoa Backs Calls for Policy Reform to Fix UK Economy
A cross-sector report launched today in Parliament by the Future Economy Alliance calls for a dedicated UK Government Minister to overhaul economic policy.
21 Dec 2023
eoa Part Of Collective to Engage with Government On Future Economy
The eoa attended a meeting with Business Minister Kevin Hollinrake and the Prime Minister’s Business Adviser Franck Petitgas, as part of a collective to discuss the key issues of interest to employee owned, family and small businesses
29 Nov 2023
Employee Ownership Pioneers and Exemplars Celebrated at EO Sector Awards
A night of celebration was enjoyed by 800+ people at the UK Employee Ownership Awards, at the ACC Liverpool, last night (Monday 27th November 2023) with five winners celebrating success.
21 Nov 2023
Action to Educate Businesses on EO Succession Could Save Thousands of ‘at risk’ Jobs and Businesses
The eoa welcomes research that shows how many business owners will be looking to sell, divest or liquidate their shareholding over the next 10 years in the report 'Generation EO: The Great Succession Opportunity'.
21 Sep 2023
eoa Responds to Government Consultation on EOTS and EBTs
The eoa has submitted its response to the government's consultation on EOTs and supported its members to do the same - as part of its policy priority to ensure the conditions for employee ownership to grow.
31 Aug 2023
Why we’re Sharing our Policy Priorities for the EO Sector
We have worked with our members to co-produce our policy priorities to make sure their interests and that of the EO sector is represented in our influencing work.