To: Rt Hon Greg Clark MP Minister for Business, Energy and Insdustrial Strategy

Pensions before Dividends

Pensions before Dividends

To change the law to make it illegal for Companies to pay out Dividends to Shareholders when there is a pension deficit.

Why is this important?

The corporations are not doing the ethical thing by looking after their workers before shareholders. Examples, BHS, Carillion. At present Sainsbury' has given out £1.4B in dividends to it shareholders over last five years but the pension is running at a £974M deficit.