UK to toughen executive pay rules. Business secretary Vince Cable will announce new rules to better link top leaders’ pay to a company’s performance. Between 1998 and 2010 average CEO pay rose 13% per year—and the FTSE100 blue chip share index didn’t rise at all
“Under such circumstances, I would consider options including stricter regulatory oversight of pay reports and policies, a requirement on shareholders to disclose how they have voted on pay, or a requirement to consult employees on pay.”