Europe must rein in the power of private equity

Amid the spectacular growth of private equity deals and investment by hedge funds, trade union leaders from more than 20 countries met at OECD Headquarters in Paris on 16 March 2007 to discuss the impact on employees’ job security and pensions. In this commentary feature, the writer who is general-secretary of the (UK) Trades Union Congress discusses the issues to be discussed at the meeting.