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Jo Swinson
Main Page: Jo Swinson (Liberal Democrat - East Dunbartonshire)Department Debates - View all Jo Swinson's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 2 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Andrew Griffiths
I assure my hon. Friend that we absolutely and completely agree with fair pay. It is unacceptable that women who are doing the same job as men receive less pay. That must change. The BBC must act.
Jo Swinson (East Dunbartonshire) (LD)
Hardworking people on ordinary incomes are understandably angry at the way executive pay has skyrocketed at a time when ordinary wages have remained flat. When can we expect to see these regulations that the Minister is talking about on publication of pay ratios, and can he confirm that this requirement will be in place for companies by June, as promised?
Andrew Griffiths
I have to point out to the hon. Lady that she may have her figures wrong. CEO pay has fallen, not risen. This Government are keen to ensure that there is more accountability and transparency in relation to the pay of top executives. We want to give the shareholders of companies greater power and ensure that there is greater accountability to shareholders and to the workforce.