Former Labour leader Ed Miliband has goaded Theresa May's Government over its plans to curb excessive corporate pay.Movies Sex Japanese Adult TubesForcing firms to reveal the pay gap between CEOs and average workers and measures to give workers a say on the earnings of bosses are among initiatives set to be unveiled by ministers.
The Prime Minister promised to tackle corporate greed when she came into power in July and a green paper which will be published on Tuesday includes proposals to:
:: Force companies to publish pay ratios that show the difference in earnings between the chief executive and an average employee
:: Improve the effectiveness of pay committees and the extent to which they must consult shareholders and the wider company on pay
:: Introduce binding votes on executive pay packages
As part of proposals to reform remuneration committees, the Government is also considering whether employees' representatives should be given an advisory role.
Mr Miliband responded to the proposals by appearing to make an ironic statement on Twitter about the policy, which some have pointed out has similarities to one he had put forward in 2012.
He tweeted: "More Marxist anti-business ideas. These Tories...." with a link to an article in the Sunday Telegraph about the Government's plans.
Mr Miliband was accused of creating an "anti-business culture" by then-chancellor George Osborne after Labour said it would force a vote on bonuses due to be paid to bosses at state-owned and part-nationalised firms, including RBS and Network Rail.Jav AttackersThe opposition's ex-leader told an audience at Sheffield University at the time: "Tackling excessive executive pay and bonuses is not an end in itself but a necessary first step towards a bigger change in our economy in which people get fair rewards for their contribution at every level of society."
Work and Pensions Secretary Damian Green told Sky News that the Government proposals were "slightly different" from Mr Miliband's.
It is the second former Labour policy which the Government has been accused of copying, after Philip Hammond unveiled plans in the Autumn Statement to crack down on letting agency fees - something Labour proposed in 2015.
Government officials believe employees' representatives could explain to remuneration committees the impact on the wider workforce of high levels of remuneration for top executives.
Pay for the CEOs of FTSE 100 companies increased from an average of £1m in 1998 to £4.3m in 2015, far outstripping the growth in average pay.
A No 10 source said: "The UK has led the world in corporate governance, but our strong reputation can only be maintained if government and business regularly reviews and upgrades our governance.
"Good governance helps companies take better decisions, for their own long-term benefit and the economy overall - ensuring public trust in British business and making sure the UK is the best place in the world to do business."
It comes as a report backed by Bank of England chief economist Andy Haldane cautioned against binding votes of remuneration for chief executives and public pay ratio figures.
The report acknowledged that reform is necessary, but insisted: "Good CEOs remain good value".
During her first speech to a CBI conference last week, Mrs May appeared to water down plans to put workers on company boards.Jav Big Tits
Despite making the pledge during her campaign to become prime minister, Mrs May insisted the measure would not be about forcing companies to put workers on boards but about firms finding a "model that works for everyone
Chủ Nhật, 27 tháng 11, 2016
Brexit challenge in rare personal interview
Theresa May admits Brexit is keeping her awake at night, offering a glimpse of the enormous challenge the new Prime Minister is grappling with in the wake of the referendum vote.
In a frank and personal interview with The Sunday Times, Mrs May says she is very conscious that she needs to get on with delivering a deal. Streaming HD Online
"It's a moment of change. It's a hugely challenging time. And we need to get on with the terms of Brexit. And I'm very conscious of that," she says.
"I want to make sure that everything we do ensures Britain is a country that works for everyone. And that we really get out there and forge a new role in the world post-Brexit.
"We can make a success of it, we will make a success of it. But these are really complex issues."
The wide-ranging interview offers some insight into the inner workings of this intensively private Prime Minister.
Opening up about her own childhood as the only child of a clergyman, her husband Philip and her own inability to have children, Mrs May reveals some of what drives her - her Christian faith, her self-belief and her sense of duty.
"Being brought up in a vicarage, of course the advantage is that you do see people from all walks of life. What came out of my upbringing was a sense of service ... my father would be out and about visiting people," she explains.
"My parents' approach was very much: whatever you do, do your best. There was never any suggestion that because I was a girl there were things I couldn't do."
Mrs May's closest confidant is her husband of 36 years, Philip, who she met at Oxford university and who she describes as her "huge support".Jav Tokyo Hot
The couple do not have children, which the Prime Minister admitted earlier in the year had "affected" both of them.
"That wasn't possible so you get on with life."
Mrs May says her husband is getting used to being the consort for the country's most powerful politician.
"It's taken a bit of adjusting for him to see people writing about what he wears and taking selfies of him, but he's getting used to it!
"He's been surprised by how much interest he's had. Philip says he gets 90% of the fun for only 10% of the effort."
The Prime Minister is also candid about drawing on her faith to guide her in the decisions she takes.
"I suppose there is something in terms of faith, I am a practising member of the Church of England and so forth, that lies behind what I do."
The Prime Minister also uses the interview to mount a spirited defence of the troubled independent inquiry into child sexual abuse, which she set up in 2014 while Home Secretary.
The inquiry has been through three leaders in its short life, suffering a catalogue of problems which the Home Affairs Select Committee this week said had "seriously diminished" confidence in its ability to deliver on objectives in a "timely and effective way".
She says: "The easy thing to have done would have been to say, 'This is too difficult to be done, we're not going to do that'.Jav Teacher
"I met some of the survivors, adult and children. When you realise some of the horrific things that have been done to them in the past, and for so many of them, they feel they raised their voices and nothing happened ... And that's why I feel it's so important we remember them and it's why I set the inquiry up
In a frank and personal interview with The Sunday Times, Mrs May says she is very conscious that she needs to get on with delivering a deal. Streaming HD Online
"It's a moment of change. It's a hugely challenging time. And we need to get on with the terms of Brexit. And I'm very conscious of that," she says.
"I want to make sure that everything we do ensures Britain is a country that works for everyone. And that we really get out there and forge a new role in the world post-Brexit.
"We can make a success of it, we will make a success of it. But these are really complex issues."
The wide-ranging interview offers some insight into the inner workings of this intensively private Prime Minister.
Opening up about her own childhood as the only child of a clergyman, her husband Philip and her own inability to have children, Mrs May reveals some of what drives her - her Christian faith, her self-belief and her sense of duty.
"Being brought up in a vicarage, of course the advantage is that you do see people from all walks of life. What came out of my upbringing was a sense of service ... my father would be out and about visiting people," she explains.
"My parents' approach was very much: whatever you do, do your best. There was never any suggestion that because I was a girl there were things I couldn't do."
Mrs May's closest confidant is her husband of 36 years, Philip, who she met at Oxford university and who she describes as her "huge support".Jav Tokyo Hot
The couple do not have children, which the Prime Minister admitted earlier in the year had "affected" both of them.
"That wasn't possible so you get on with life."
Mrs May says her husband is getting used to being the consort for the country's most powerful politician.
"It's taken a bit of adjusting for him to see people writing about what he wears and taking selfies of him, but he's getting used to it!
"He's been surprised by how much interest he's had. Philip says he gets 90% of the fun for only 10% of the effort."
The Prime Minister is also candid about drawing on her faith to guide her in the decisions she takes.
"I suppose there is something in terms of faith, I am a practising member of the Church of England and so forth, that lies behind what I do."
The Prime Minister also uses the interview to mount a spirited defence of the troubled independent inquiry into child sexual abuse, which she set up in 2014 while Home Secretary.
The inquiry has been through three leaders in its short life, suffering a catalogue of problems which the Home Affairs Select Committee this week said had "seriously diminished" confidence in its ability to deliver on objectives in a "timely and effective way".
She says: "The easy thing to have done would have been to say, 'This is too difficult to be done, we're not going to do that'.Jav Teacher
"I met some of the survivors, adult and children. When you realise some of the horrific things that have been done to them in the past, and for so many of them, they feel they raised their voices and nothing happened ... And that's why I feel it's so important we remember them and it's why I set the inquiry up
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