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Labour Government Scraps Tracker on Executive Pay Revolts

12/25/2025

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Story summary
  • The Labour government discontinued the tracker that recorded shareholder revolts over executive pay, launched in 2017 under Theresa May, Prime Minister.
  • The Treasury, led by Chancellor Rachel Reeves, ordered the closure to reduce regulatory burdens.
  • The High Pay Centre warns the move harms transparency and will let companies ignore shareholder dissent, with 26% of FTSE 100 companies revolting in recent years.
  • Critics say the move reduces investor transparency.