Executive Pay Debate

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Helen Goodman

Main Page: Helen Goodman (Labour - Bishop Auckland)

Executive Pay

Helen Goodman Excerpts
Monday 23rd January 2012

(12 years, 10 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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They will certainly narrow it, in contrast with the trend over the past decade that was identified in a recent OECD survey. It showed that almost uniquely in the developed world, the big disparities between the top and bottom are widening in Britain. Today’s announcement is one key element in rectifying that adverse trend, which we have seen particularly in the past decade.

Helen Goodman Portrait Helen Goodman (Bishop Auckland) (Lab)
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The Secretary of State said that the decisions about RBS top pay were above his pay grade, but unlike the workers, he is on the board of the Government, namely the Cabinet. Will Ministers set a good example and control Stephen Hester’s bonus?

Vince Cable Portrait Vince Cable
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Ministers have already made it very clear that bonus restraint should be employed in that company.