DIRECTORS CONTRACTS

There are many small problems to put to bed before real discussions between Labour or Conservative politicians can take place.

One of these "small" problems, which rancles all voters, is to know what measures the Left or the Right will take to cover the abuse of Bonuses for Bankers !!! Not only bankers but all the other extraordinary remunerations which directors of companies now expect !!!

The ordinary taxpayer feels destroyed by the figures he sees in the press. As a worker, the taxpayer or shareholder, who works similar hours compared with a Director, feels the difference in remuneration is not justified.

Is the simple solution not to oblige companies to file all contracts and their details, before "extraordinary remuneration" is proposed to a new or current employee ? Should shareholders not have a right to vote on such contracts ? Obviously the details of such a law must be thouroughly studied. The electorate wants to know what the main parties intend to do. Will this be an election promise ? Will they act ?

Remuneration committees exist, but do they do the job expected of them ? Are they impartial ? Are they paid ? Who appoints them ?

These questions and others need to be covered by legislation !!!