News
Fitting brakes to the pay merry-go-round
Published on 23rd January 2012 by Anthony Alexandrou
It's no longer just protesters outside St Paul's Cathedral who want something done about high executive pay.
Fitting brakes to the pay merry-go-round
Prime Minister David Cameron has spoken of the "excessive growth" in pay and a "failure" of the market to deal with it. He said he understood why it made "people's blood boil".
Calls for pay reform gained traction throughout 2011, but Mr Cameron has ensured the issue has shot up the political agenda.
But having identified a problem (though not everyone agrees there is a problem, of course), the hard part is what to do about it.
For full article, please visit: http://www.bbc.co.uk/news/business-16473004