Executive Pay Debate

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Marcus Jones

Main Page: Marcus Jones (Conservative - Nuneaton)

Executive Pay

Marcus Jones 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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That was not the recommendation to which I referred. The commission also made a specific recommendation about a double number between salary and top-up to salary. For a variety of reasons, we do not feel that being quite so prescriptive is appropriate, but that was the recommendation to which I referred and which we were not able to take forward.

Marcus Jones Portrait Mr Marcus Jones (Nuneaton) (Con)
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Does the Secretary of State agree that the state should not control private sector pay, but empower shareholders with the information they need so that they can be active and committed company owners?

Vince Cable Portrait Vince Cable
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That is a pithy summary of what I was trying to say, on which, as Mr Speaker ruled, I took rather too long.