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dipsydoodle

(42,239 posts)
Mon Jan 23, 2012, 01:00 PM Jan 2012

Government executive pay curbs plans announced

Business Secretary Vince Cable has unveiled plans designed to curb executive pay in a speech to MPs.

Shareholders will be given more powers to block excessive pay packages, and companies will be encouraged to increase diversity on their boards.

Firms will also have to justify high salaries in their remuneration reports.

The proposals had been due on Tuesday, but were brought forward following an intervention by Labour, who say they do not go far enough.

http://www.bbc.co.uk/news/uk-politics-16688925

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