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Theresa May attacks unacceptable face of capitalism in Britain

Workers' voices should be "properly heard" in the boardroom: Theresa May

Emma Charlton | Bloomberg 

Theresa May attacked highly paid UK executives as the “unacceptable face of capitalism” in an article she wrote for the Mail on Sunday as part of her crack down on corporate governance. “A minority of firms are falling short of the high standards we expect of them. Some have deliberately broken rules that are designed to protect their workers,” the UK prime minister wrote in the newspaper. “Others have ignored the concerns of their shareholders by awarding pay rises to bosses that far outstrip the company’s performance.” The names of firms that ...

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First Published: Mon, August 28 2017. 03:30 IST