§ Mr. McMahonasked the Secretary of State for Industry what representations he has received from Mr. Ian Macgregor or other members of the board that board members of the British Steel Corporation should receive a basic salary of $100,000 or that they should receive performance-related bonuses; and if he will make a statement.
§ Mr. Butcher:Recommendations on the level of pay of the executive members of the BSC board are made to my right hon. Friend by a salaries committee composed of non-executive BSC board members. At my right hon. 404W Friend's suggestion, the salaries committee has looked at the possibility of linking executive board members' pay to performance.