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Department: Department for Business, Energy and Industrial Strategy

Philip Hollobone

Main Page: Philip Hollobone (Conservative - Kettering)

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Philip Hollobone Excerpts

Leaving the EU: Economic Analysis
Tuesday 30th January 2018

(6 years, 2 months ago)

Commons Chamber
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Andrew Griffiths Portrait Andrew Griffiths
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What private companies pay their directors is ultimately a matter for their shareholders, but the new pay ratio disclosure requirements mean that we will give shareholders and other stakeholders important new information on how pay at the top of companies fits with wider workforce pay. Companies will be forced to explain and defend their pay ratios and account for changes to the ratio over time.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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Does the Minister agree that Britain’s biggest broadcaster, the BBC, is setting an appalling example to the nation over executive pay in failing to ensure gender parity?

Andrew Griffiths Portrait Andrew Griffiths
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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.

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