Skip to content
Subscriber Only

Cameron Proposals Won’t Curb Executive Pay, Occupy London Says

U.K. Prime Minister David Cameron’s proposals to curb executive pay are not enough, the Occupy London movement participants said at a rally today in the capital’s Canary Wharf district.

Cameron said on Jan. 8 that the current system of executive pay is wrong as it allows for failure to be rewarded and promised shareholders a binding vote on compensation decisions. Participants in today’s debate held by Occupy London outside the Financial Services Authority building said the prime minister’s suggestions will have little impact on executive pay levels.