HC Deb 13 June 1995 vol 261 c454W
Mr. Khabra

To ask the President of the Board of Trade if he will make a statement on executive pay. [26470]

Mr. Hall

To ask the President of the Board of Trade what plans he has to control the remuneration of senior executives. [26721]

Mr. Jonathan Evans

Executive salary levels and remuneration packages are matters for individual companies and their shareholders. It is not for Government to determine salaries in the private sector or to limit companies' ability to pay competitive salaries. The Government look forward to seeing the recommendations of the Greenbury committee on best practice in determining and disclosing executive remuneration.