Cheques and the City
Wednesday 23 July 2014
32-36 Loman Street
Lower Ground Conference Room B
London SE1 0EH
What's behind the rise in pay for top lawyers and accountants and should we be concerned?
Please join the High Pay Centre and panelists Professor Stephen Wilks (Professor of Politics Emeritus, Exeter University) and Andrew Clark (Deputy Business Editor, The Times) to discuss the remuneration patterns and influence of top UK accountancy and law firms.
Accountants and lawyers are supposed to play a vital role in regulating corporations. They ensure that accounts are honest and accurate and that companies operate within the boundaries of the law. But can ‘magic circle’ law firms and the ‘big four’ accountants properly scrutinise major corporations when they depend on them for their revenues and the million-pound pay packages for their senior staff?
The discussion will be followed by a dessert and wine reception. If you are interested in attending please RSVP to Kathryn Nash at firstname.lastname@example.org.
Stephen Wilks is a Professor of Politics at the University of Exeter where he also served for four years as Deputy Vice Chancellor. From 2001 to 2005 he was a member of the Economic and Social Research Council and chaired its Research Strategy Board. He has written extensively on the politics, administration and enforcement of UK and European competition policy and has just finished writing a book about the political power of business.
Andrew Clark is deputy business editor of The Times. He was previously business editor of The Observer and he has worked for The Guardian, The Daily Telegraph, Sunday Business and the Sydney Morning Herald. His areas of interest include transport, pharmaceuticals, consumer goods and US business.
Since 1 January 2020 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- COVID19 and corporate resilience
The pandemic is highlighting the deep flaws in the UK’s corporate governance system. Will this prompt listed companies to rethink their priorities? - A blog by Rachel Kay, a researcher at the High Pay Centre
- Executive Compensation: Covid-19—A “New Normal” Or Back To The “Old Normal” by 2022?
A guest blog from Iain Stark, international HR leader and reward expert, on the future of executive pay post COVID19.
- Re-thinking reward: interim High Pay Centre analysis of new pay ratio reports
Our analysis of the first 'pay ratio' reports finds some limitations to the disclosures, but also identifies the potential to raise pay for low earners through redistribution from those at the top