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Gap Between High And Low Earners

EDM number 3 in 2005-06, proposed by Bob Russell on 17/05/2005.

That this House congratulates the National Association of Pension Funds for its campaign to require leading companies to disclose in their annual reports the growing pay gap between executives and their employees; notes the impotence of remuneration committees, which set boardroom pay, in tackling the deteriorating situation; agrees with the National Association of Pension Funds that the widening pay gap between boardroom and shopfloor is divisive and demoralising, which in turn can damage corporate performance; is appalled that the chief executives of blue chip companies receive an average salary of £579,000, which is 28 times more than the average UK worker; is even more appalled by the greed of the chief executives of FTSE 100 companies whose salary packages, including bonuses and incentives, average £2.6 million; and urges the Government to introduce regulations in accordance with proposals from the National Association of Pension Funds so that salaries of executives and how they compare with the rest of the workforce are revealed in full.

This motion has been signed by a total of 44 MPs, 1 of these signatures have been withdrawn.

Bob Russell17/05/2005ColchesterLiberal DemocratProposed
Tom Brake18/05/2005Carshalton and WallingtonLiberal DemocratSeconded
Vincent Cable18/05/2005TwickenhamLiberal DemocratSeconded
Nick Harvey18/05/2005North DevonLiberal DemocratSeconded
David Heath18/05/2005Somerton & FromeLiberal DemocratSeconded
Peter Bottomley18/05/2005Worthing WestConservativeSeconded
Paul Holmes18/05/2005ChesterfieldLiberal DemocratSigned
Lynne Jones18/05/2005Birmingham, Selly OakLabourSigned
Annette Brooke19/05/2005Mid Dorset and North PooleLiberal DemocratSigned
David Taylor19/05/2005North West LeicestershireLabourSigned
Andrew George19/05/2005St IvesLiberal DemocratSigned
Simon Hughes19/05/2005North Southwark and BermondseyLiberal DemocratSigned
John Pugh19/05/2005SouthportLiberal DemocratSigned
Ann Cryer23/05/2005KeighleyLabourSigned
Bill Etherington23/05/2005Sunderland NorthLabourSigned
Betty Williams23/05/2005ConwyLabourSigned
Roger Williams24/05/2005Brecon and RadnorshireLiberal DemocratSigned
Julia Goldsworthy24/05/2005Falmouth and CamborneLiberal DemocratSigned
Hywel Williams24/05/2005CaernarfonPlaid CymruSigned
Michael Weir24/05/2005AngusScottish National PartySigned
Michael Clapham24/05/2005Barnsley West and PenistoneLabourSigned
Rob Marris24/05/2005Wolverhampton South WestLabourSigned
Adam Price24/05/2005Carmarthen East and DinefwrPlaid CymruSigned
Mike Hancock24/05/2005Portsmouth SouthLiberal DemocratSigned
Elfyn Llwyd25/05/2005Meirionnydd Nant ConwyPlaid CymruSigned
Martin Caton25/05/2005GowerLabourSigned
Janet Dean25/05/2005BurtonLabourSigned
David Drew25/05/2005StroudLabourSigned
Andrew Stunell25/05/2005Hazel GroveLiberal DemocratSigned
Paul Burstow26/05/2005Sutton and CheamLiberal DemocratSigned
John Leech06/06/2005Manchester, WithingtonLiberal DemocratSigned
Lady Hermon07/06/2005North DownUUPSigned
Mark Williams08/06/2005CeredigionLiberal DemocratSigned
Alan Simpson09/06/2005Nottingham SouthLabourSigned
David Hamilton13/06/2005MidlothianLabourSigned
Jo Swinson13/06/2005East DunbartonshireLiberal DemocratSigned
Edward Davey16/06/2005Kingston and SurbitonLiberal DemocratSigned
Stewart Hosie21/06/2005Dundee EastScottish National PartySigned
John McDonnell04/07/2005Hayes and HarlingtonLabourSigned
Alex Salmond07/07/2005Banff and BuchanScottish National PartySigned
Mark Durkan18/07/2005FoyleSocial Democratic and Labour PartySigned
Susan Kramer19/07/2005Richmond ParkLiberal DemocratSigned
Sarah Teather21/07/2005Brent EastLiberal DemocratSigned
Peter LawUnknownWithdrawn

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