It's not a shared stake when the Treasury grabs the money

John McDonnell’s plan for big firms to give a collective 10%
to workers has a major flaw

If you thought John McDonnell’s plan to force all big
companies
to give a collective 10% stake to their workers
was a detailed
policy announcement, think again. Judging by a comment aimed at a
business audience, the shadow chancellor is prepared to be
flexible. “If you can achieve the same objective by a different
route, then come and talk to us,” said McDonnell in an
interview with the FT
.

Let us hope flexibility includes a willingness to start almost
from scratch. The only strong part of plan A was the enthusiasm for
boosting employees’ share stakes. The problem lay in basic
features of McDonnell’s “inclusive ownership funds”. The most
glaring flaw – obvious to anyone who crunched a few numbers –
was that the plan didn’t look like share ownership as the rest of
the world understands the term.

Source: FS – All-News2-Economy
It's not a shared stake when the Treasury grabs the money