Changes in British industrial relations over the last decade are surveyed and their impact on economic performance is analysed. The evidence on the economic effects of unions – on wages, employment, working conditions, negotiations and profits – is reviewed. Finally, comments are offered on...

Recent policies designed to promote profit sharing in Great Britain are surveyed. Evidence on the extent of profit sharing in Britain is presented, and the economic impact of such schemes is assessed. It is found that there is little strong evidence to support the notion that profit sharing...