Fieldfisher tax partner Graeme Nuttall has been made an OBE in the Queen's Birthday Honours list in recognition of his work on employee ownership, employee share schemes and public service mutuals. The award of Officer of the Order of the British Empire (OBE) is given to people including those whose work has made them known nationally in their chosen area.
Graeme is the author of the Nuttall Review of Employee Ownership, which was a key milestone in the promotion of the employee ownership model in the British economy. The British government has subsequently adopted a number of Graeme's recommendations, including implementing tax incentives for employee owned businesses.
This honour is the latest recognition of Graeme's pivotal role in the promotion of employee ownership, following on from others such as the Innovative Individual award at the 2013 Financial Times Innovative Lawyers awards.
Graeme Nuttall said: "It is tremendous to receive this award. I am delighted that it is given for services to employee share plans and public service mutuals, as well as services to employee ownership. It is important for the UK's economy, and other economies, to make the most of employee share ownership in all its forms. The award is timely as this year's Finance Bill is nearing enactment, complete with new tax exemptions to promote the trust model of employee ownership – a central recommendation of the Nuttall Review of Employee Ownership."
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