Private Equity (Transfer of Undertakings and Protection of Employment) Bill

From what I read in the Bill, I also believe that any dismissal in relation to the acquisition would be automatically deemed unfair, unless it was shown to have been made for economic, technical or organisational reasons. I am not sure that I favour an approach in which any dismissal is automatically deemed unfair, unless the opposite can be demonstrated. That may well lead private equity investors, who, unlike other industries and businesses, have a range of investment opportunities around the world, to look to make their investments elsewhere. When the hon. Member for Nottingham, East replies, perhaps he will clarify whether the Bill goes beyond the protection afforded to trade unions by TUPE in providing that any variation or recision of a recognition agreement in connection with the equity acquisition or disposal will be unenforceable unless it is for economic, technical or organisational reasons. The Bill may go beyond what he said it was able to do.