Theresa May vows to put Conservatives 'at service' of working people
The home secretary will vow to put her party "at the service" of working people.
Theresa May will promise to put workers on the boards of major firms and curb excess corporate pay, as she starts her campaign to be Tory leader and PM.
The home secretary will vow to put the Conservative Party "at the service" of working people.
She will also stress: "Brexit means Brexit and we're going to make a success of it."
Party members will choose between Mrs May and energy minister Andrea Leadsom in a nationwide leadership vote.
Setting out plans to change the way big businesses are governed, Mrs May said consumers and workers should have places on their boards.
She also committed to making shareholder votes on corporate pay binding, rather than merely advisory, insisting that support for enterprise does not mean "anything goes" in the City.
'Privileged few'
Outlining her plans to reform corporate governance, she hit out at the way non-executive directors who are supposed to provide oversight of the way firms are run often come from the same "narrow social and professional circles" as the executive team and "the scrutiny they provide is just not good enough".
She said: "So if I'm prime minister, we're going to change that system - and we're going to have not just consumers represented on company boards, but workers as well."
She also promised to strengthen "say on pay" rules, giving shareholders more influence over how much executives are paid.........
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