Statement on BP shareholder vote
A great moment - be part of it
The 59% vote against BP's remuneration report is a remarkable and welcome development.
Remuneration committees have got to use what is called "discretion", that is, do their job.
The shareholders have said: you have gone too far, and this level of pay cannot be justified or accepted.
The board must think again.
Since 1 January 2019 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- The UK tops the millionaire bankers league – but our overall prosperity is distinctly mid-table
The UK has more millionaire bankers than the rest of Europe put together, according to figures from the European Banking Authority. Blog by HPC Director Luke Hildyard for Open Democracy)
- New HPC Director - Baroness Lister of Burtersett joins board
HPC is delighted to announce that Baroness Lister of Burtersett, Emeritus Professor of Social Policy at Loughborough University, has joined our Board of Directors
- Don’t praise the super-rich just for paying their taxes
The new Sunday Times 'tax rich list' is a welcome initiative, but praise for people for merely paying their taxes should be measured - blog by HPC Head of Policy and Research Ashley Walsh for Left Foot Forward