u-turns as usual as crackdown on boardroom abuses is watered down

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u-turns as usual as crackdown on boardroom abuses is watered down

Post by Admin on Mon Aug 28, 2017 10:25 am

http://voxpoliticalonline.com/2017/08/28/the-re-u-turn-of-theresa-maybe-not-crackdown-on-boardroom-abuses-is-watered-down-instead/

Theresa May has broken her promise to put workers’ representatives on company boards – for a second time.

Anybody who voted for her in the belief that she meant it – this time – must be kicking themselves.

And she won’t be legislating to give shareholders power to veto excessive pay rises for company executives.
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Re: u-turns as usual as crackdown on boardroom abuses is watered down

Post by Admin on Tue Aug 29, 2017 9:52 am

unions now getting involved

https://www.politicshome.com/news/uk/economy/business-regulation/news/88509/trade-unions-join-criticism-government-unveils

But the long-awaited package of corporate governance reform has been dismissed by opposition parties and trade unions after previous plans to give workers a seat on boards were ditched.

Other measures in the Conservative manifesto, like an annual binding shareholder vote on executive pay, have also been dropped.

simply put

‘THE TORY PLAN IS A FRAUD’
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