As we break into summer, a lot is concentrating our minds at GBN.
UK: High pay commission to investigate executive pay and bonuses
Today, the High Pay commission will begin investigating the increasing disrepancy between the highest and lowest paid. This comes as Barclays Bank will reveal that £4 billion has already been earmarked by its investment banking arm to pay salaries and bonuses for 2010.
Compass, one of the commissions backers, has previously proposed that companies should be obliged to ensure that there is a fixed maximum ratio between the highest and lowest earners.
Source : guardian.co.uk/09.11.2010