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A public limited company is a business organisation that is recognised by the people who deal with these matters.
The remuneration committee of a public limited company advises the board on the pay of executive directors.
But they have produced an enormous amount of data which an ordinary public limited company, an ordinary plc, is under no obligation to produce.
That is its purpose and the purpose of every public limited company.
The public limited company route was not the only route possible.
That will allow the successor company to pay dividends and ensure that it can be registered as a public limited company.
It will be like any other public limited company; it will be a bank like any other bank.
In a public limited company, each director has to stand for election on a separate ticket.
There should be no question of the public limited company having the right to determine whether there shall be a trade union organisation.
Massive constraints are built into the idea that a building society can convert into a public limited company.
This question of a mandatory change in status from a trust port to a public limited company is causing great concern.
Professional and trading functions and possible special refurbishment activity would represent the core of a new public limited company.
The holding company will be a normal public limited company and it will be able to use its resources flexibly as it wishes.
It is because such building societies will have greater commercial freedom that they may be less tempted to go down the public limited company route.
A public limited company cannot be like a nationalised industry in that sense.
