Fund managers attack bankers’ pay

Leading fund managers, including L&G and Jupiter, have stepped up their attack against huge pay rises at the UK’s biggest banks. In recent weeks, several of the UK’s biggest investment groups have met bank boards to urge them to restrain pay and restructure the way they reward staff, especially within their investment banking arms. Barclays,Continue reading “Fund managers attack bankers’ pay”

What can be done about unjustifiably high executive pay?

Executives at the largest UK companies have seen their salaries rising at a rate that is hard to justify when compared with their company’s performance. When large numbers of employees and smaller company executives are facing pay freezes or cuts it is particularly galling to see senior executives in some sectors seemingly rewarded for their incompetence. This is most markedly apparentContinue reading “What can be done about unjustifiably high executive pay?”