Monday 21 May 2007

Investor forces ethics on to Tesco agenda

In a story that may strike fear into the heart of some of the biggest companies in the country, a retired solicitor has used Companies Act legislation to force Tescos to accept a resolution to be put to the company AGM that better conditions for workers overseas.

Its good to see that for once the law is being used to force Tescos to do something, rather than Tescos high paid lawyers using the law to browbeat councils opposing planning applications or create shell companies to minimise tax payments.

George Monbiots Captive State: The Corporate Takeover of Britain describes exactly how devious the big supermarkets can be.

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