UK Labour's Lord Kennedy urges tougher laws to shield mutuals from private equity predators episode artwork

EPISODE · Sep 4, 2023 · 3 MIN

UK Labour's Lord Kennedy urges tougher laws to shield mutuals from private equity predators

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

UK Labour whip Lord Kennedy of Southwark is visiting Australia to urge financial law reforms to help the mutual and cooperatives sector shield themselves from private equity predators. Lord Kennedy has led new legislation in the US to protect mutuals who risk having their assets stripped in private equity offers are too good to refuse.

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UK Labour's Lord Kennedy urges tougher laws to shield mutuals from private equity predators

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