TUC: Theresa May must prove she will stand up for workers against boardroom elites

28 Nov 2016 12:10 PM

Commenting on the publication recently (Friday) of a Big Innovation Centre report backed by company bosses, which opposes government proposals on pay ratios and annual binding shareholder votes to rein in excess boardroom pay, TUC General Secretary Frances O’Grady said:

“Once again bosses in the boardroom think they can get away with things that ordinary people can’t.

“Theresa May must stand up to elites who don’t live in the real world of pay freezes and economic uncertainty, and do what’s right for everyone who works hard. And she must keep her promise to mandate worker representation on company boards, so that working people get a say on executive pay.”

Notes to Editors: