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 2017 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Sir Vince Cable to give second Gavron Memorial Lecture
Good news - Sir Vince will speak at the IoD's Pall Mall HQ in late November at our second Gavron Memorial Lecture
- Back to school - September update
It has been an interesting summer...
- Getting the story straight: university chairs’ attempts to deal with Adonis probe in public domain
As the pressure mounts on universities to explain excessive vice-chancellor salaries, the Committee of University Chairs' (CUC) response has been revealed. The text of a recent email is published here.