Cable and Wireless Ltd.

HC Deb 18 July 1977 vol 935 c1133

11. Mr. Gow

asked the Secretary of State for Industry what further discussions he has had with the directors of Cable and Wireless Limited about the level of their remuneration.

Mr. Les Huckfield

None, Sir.

Mr. Gow

Bearing in mind the increasing anomalies between the remuneration of the board of directors of Cable and Wireless Ltd. and of the senior executives, does not the Minister think, particularly following the resignation of the managing director, that he ought to give his urgent attention to the extraordinary situation which exists at Cable and Wireless?

Mr. Huckfield

As I have already said to the hon. Gentleman on 25th April and 13th June, the Government will prob. ably be giving their attention to these matters after the end of this month.