OF all the front pages you have printed over the years I found last week's (We're The Bosses Now, April 17) the most uplifting and heartwarming.

It was lovely to read a report about some quite obviously good employers becoming generous benefactors through the setting up of a trust company which in turn has led to Albany Pumps becoming employee-owned.

I really do see this as the best way to secure loyalty, conscientiousness and improved productivity.

After all, the John Lewis group is consistently one of the best performers on the High Street and its staff are known as partners rather than employees and crucially they enjoy an annual profit share.

Personally I would love to see such arrangements more common place and have vivid memories of friends at the local paper mill celebrating the profit share scheme they were in during the 1970s.

Of course one of the legacies of the Thatcher era was the ethos that 'greed is good' and perhaps this culture is further encouraged by TV programmes such as Dragons' Den and The Apprentice.

I fully respect risk takers and entrepreneurs but I feel they'd all be even more successful and valued, if when they do become profitable, they followed the example of Mr Swaffield and Albany Pumps and shared their success as much as they could.

– Mark Sargent, Aylburton.