Early Day Motion·EDM 939

PRIVATE EQUITY COMPANIES

21 February 200728 Signatures

Primary sponsor

John McDonnell

LabourHayes and Harlington

Motion Text

That this House welcomes the statement by the TUC's General Secretary accusing some private equity companies of operating like `amoral asset strippers' and `casino capitalists'; and calls upon the Government to consider legislation to exercise control over the damaging behaviour of those operations and to review the tax relief on interest paid by private equity groups.