Dr Eamonn Butler argues on Radio Five Drive Time that the government should not seek to control higher executive salaries. He argues that we need less regulation, not more, and that we need to allow companies to offer high salaries to insure they get the best talent to compete internationally. Otherwise we risk seeing our best talent leaving the UK.
He also argues that instead we need to ensure shareholders are given greater power if higher executive pay is indeed a problem.
You can listen to Eamonn here (at approx. 42mins in)