1. U.K. Firms Must Justify Executive Pay Gaps Under Government Plan

    U.K. Firms Must Justify Executive Pay Gaps Under Government Plan

    (Bloomberg) -- Large companies listed in the U.K. will have to explain the pay gap between bosses and employees under government plans to be submitted to Parliament on Monday. Firms with more than 250 staff on their books will have to publish and justify the difference in pay between chief executives and workers and will have to detail how directors are acting in the interests of both employees and shareholders, the Department for Business, Energy and Industrial Strategy said...

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    1. Most of the U.K.'s largest companies get their business practices right but we understand the anger of workers and shareholders when bosses' pay is out of step with company performance.
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