Executive Pay Debate

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Executive Pay

David Rutley Excerpts
Monday 23rd January 2012

(12 years, 3 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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The hon. Lady refers specifically to Peacocks, on which I have been approached by several concerned elected representatives. Having looked at the facts, the Government do not judge that there are any grounds for intervention in the wider public interest, but I have great sympathy for the employees, who are in a very bad position because of bad decisions made in the past by their management.

David Rutley Portrait David Rutley (Macclesfield) (Con)
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Does my right hon. Friend agree that there is an important role for lawyers to big City firms and large plcs in advising their clients on best practice when drawing up arrangements for contracts and bonuses?