The John Lewis employee ownership model is being looked at closely across the board – by family business owners, public service providers and professional services firms – to create a better way of doing business for the long term. It’s clear that employee ownership has a role to play in British business.

This is especially true following the results of the Brexit vote which has made the current political, economic and social climate precarious. Indeed, the issue has been politicised further, with Theresa May proposing worker representatives on company boards would reinforce curbs on executive pay and benefits, and align the interests of workers and shareholders, and secondly, to encourage public sector mutuals. The Labour Party has also pledged to transform corporate Britain “by giving people a stake” in the companies they work for.

Read more: Employee ownership: A post Brexit business culture bonus