UK Parliament / Open data

Enterprise and Regulatory Reform Bill

I appreciate the shadow Minister’s point, but unfortunately, as is often the case, the Opposition are like the ambulance that turns up two days too late and to the wrong address. The market is already responding to these issues, and measures are being taken to change how compensation is made, as he said. The Opposition always rush to legislate restrictive control and put a hand down on aspiration, when the market itself will solve, and is solving, these problems. I fully accept that there is an issue about employee representation in companies

and about the historical lack of alignment between compensation on boards, but he is going the wrong way about resolving it.

About this proceeding contribution

Reference

551 c396 

Session

2012-13

Chamber / Committee

House of Commons chamber
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