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756336

registered interest
date	04/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Managers: Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what progress the Government is making on its plans for increased transparency on executive pay; and if he will make a statement.
tabling member constituency	Hayes and Harlington
tabling member printed	John McDonnell
uin	7770
answer	answer is ministerial correction date of answer 12/09/2017 answer text <p>A clear, dependable and modern corporate governance framework is one of the major strengths of the UK as a place to do business and further transparency can help strengthen this framework further. The government recently announced its plan to modernise the corporate governance framework, which will include requiring public companies to publish ratios of the difference in pay between the CEO and the average worker.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 12/09/2017 13:44:48 answering member 4097 label Biography information for Elizabeth Truss
tabling member	178 label Biography information for John McDonnell

756919

registered interest
date	04/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Managers: Pay
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what plans he has to regulate pay rises for managers of large companies.
tabling member constituency	Huddersfield
tabling member printed	Mr Barry Sheerman
uin	8149
answer	answer is ministerial correction date of answer 12/09/2017 answer text <p>The government’s role should be to ensure the legal and institutional framework supports shareholders in holding executives to account. To further this goal, the government recently unveiled a series of measures to increase accountability and transparency in the setting of corporate pay. Including a register of firms where shareholders have significantly dissented against the level of corporate pay. Also, the government recently announced its plan to modernise the corporate governance framework, which will include requiring public companies to publish ratios of the difference in pay between the CEO and the average worker.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 12/09/2017 15:08:38 answering member 4097 label Biography information for Elizabeth Truss
tabling member	411 label Biography information for Mr Barry Sheerman