This is a TUC policy document looking at short-termism in the relationship between companies and their investors. It looks at issues such as the continuing failure of British businesses to invest and their predisposition to grow via mergers and acquisitions, the pressure pension fund trustees put on fund managers and how this is transmitted to companies, and the aggregate results of short-termism such as the misallocation of workers' capital as occured during the stockmarket bubble.  

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