Written Question·Department for Business and Trade·UIN 99959
Company Law: Reform
Tabled: 15 December 2025
Answered: 18 December 2025
Question
Patrick Hurley
Labour — Southport
To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential merits of amending company law to move from shareholder primacy towards a stakeholder-governance model.
Answer
Blair McDougallUnder Section 172 of the Companies Act 2006, directors have a fiduciary duty to have regard in their decision-making to the interests of employees, customers and suppliers, and to the impact of the company’s operations on the community and the environment...
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