Tories may make firms reveal pay gap between CEO & workers

Despite the election result, the Conservatives are continuing with their pledge to crack down on fat cat pay.

Under Theresa May, Britain’s top companies could be forced to disclose and explain the pay gap between their chief executive and workers – The Guardian reports.

Government sources stressed that pay transparency plans were only one measure of reform, aimed at cutting down Boardroom excess and making Britain’s companies work better.

The green paper on the subject, published last year, raised the question of whether companies should publish ratios comparing CEO pay with earnings in the wider company workforce.