Early day motion 2678

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CONTROL OF HIGH PAY BY CONSUMER POWER

That this House welcomes the decision by Sir Philip Hampton and Stephen Hester to waive their bonuses for this year and calls on all the highest-paid employees of banks which received public funds to show the same restraint; congratulates the Secretary of State for Business, Innovation and Skills on his campaign to improve transparency and strengthen the role of employees and shareholders in curbing the reward for failure culture; notes the launch of the UK Move Your Money campaign which encourages consumers to use their purchasing power to shape corporate decisions and encourages this campaign to work constructively with the Secretary of State to tackle excessive pay among the FTSE 100 companies and especially to maximise the role employees can play in using information and consultation arrangements.

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Total number of signatures: 17

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Showing 17 out of 17

Name Party Constituency Date Signed
Brake, Tom Liberal Democrats Carshalton and Wallington 01.02.2012
Brooke, Annette Liberal Democrats Mid Dorset and North Poole 01.02.2012
Burt, Lorely Liberal Democrats Solihull 01.02.2012
Crockart, Mike Liberal Democrats Edinburgh West 01.02.2012
George, Andrew Liberal Democrats St Ives 02.02.2012
Hancock, Mike Liberal Democrats Portsmouth South 06.02.2012
Hughes, Simon Liberal Democrats Bermondsey and Old Southwark 01.02.2012
Leech, John Liberal Democrats Manchester Withington 01.02.2012
Lucas, Caroline Green Party Brighton Pavilion 23.02.2012
McCrea, Dr William Democratic Unionist Party South Antrim 07.02.2012
McDonnell, John Labour Party Hayes and Harlington 07.02.2012
Pugh, John Liberal Democrats Southport 01.02.2012
Reid, Alan Liberal Democrats Argyll and Bute 01.02.2012
Swales, Ian Liberal Democrats Redcar 01.02.2012
Ward, David Liberal Democrats Bradford East 01.02.2012
Williams, Mark Liberal Democrats Ceredigion 01.02.2012
Williams, Stephen Liberal Democrats Bristol West 01.02.2012

Amendment 2678A1 - CONTROL OF HIGH PAY BY CONSUMER POWER

after `culture;', insert `deplores the inertia and indifference displayed by Government Ministers on RBS bonuses, while they represent the public shareholder interest, which set no example to other shareholders of exerting influence to curb such executive indulgence;'.

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Total number of signatures: 4

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Showing 4 out of 4

Name Party Constituency Date Signed
Durkan, Mark Social Democratic and Labour Party Foyle 02.02.2012
Gapes, Mike Labour Party Ilford South 20.02.2012
Osborne, Sandra Labour Party Ayr Carrick and Cumnock 08.02.2012
Ritchie, Margaret Social Democratic and Labour Party South Down 28.02.2012