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27 Aug 2017 1 Respondent
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By David Seedhouse
Genius (55202 XP)
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TOO MANY FAT CATS?

TOO MANY FAT CATS?

Businesses who pay excessive salaries to senior executives represent the 'unacceptable face of capitalism', Prime Minister Theresa May has said.

The 'excesses' of some bosses was undermining confidence and 'damaging the social fabric of our country', she wrote in the Mail on Sunday .

Firms that face shareholder revolts over salaries and bonuses will be named on a new public register, Mrs May said.

She also said firms could decide how workers are represented in boardrooms.

Read more here: www.bbc.co.uk/news/uk-politics-41065485

It is proposed that the salaries of top executives should be capped at 30 times the National Minimum wage

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