November 15, 2024
Lonon Stock Exchange

The chief of the London Stock Exchange has called for bosses’ pay to be boosted if the City is to continue to attract top firms and talent.

Speaking at the Innovate Finance Global Summit Tuesday, Julia Hoggett said that the UK needed to have a “grown up conversation” about the remuneration of executives if it is going to tempt in firms to do business here.

“The reality is that if we want the best companies to start here, scale here and grow there and stay here, then we need to be able to make sure that we can reward the best people,” she said.

“And that that becomes part of celebrating and understanding the value of the company and having proper grown up conversations about what remuneration is, but also the alignment of incentives.”

Hoggett said the UK was lagging behind the US where non-executive directors can benefit from compensation in shares as well as cash.

“That may seem radical, but it’s not radical in most other parts of the world,” she added.

Hoggett’s calls for a rethink of executive pay follow vocal demands from the City to lift an EU-era cap on bankers’ bonuses, which some warn is similarly blocking a stream of top talent coming to work at UK banks.

Her comments come just one day after City A.M. revealed Ron Kalifa, author of the landmark review of fintech, wrote to the Treasury calling for a list of reforms to the UK’s capital markets ecosystem, including calls for executives’ pay to be boosted.

City A.M. understands that Kalifa warned ministers that executive remuneration risked lagging behind the level of risk and liability that they are expected to shoulder, leading to an exodus of top talent away from public firms.

Both Hoggett and Kalifa similarly called for a reform of the landscape for analyst research to ensure that UK firms could get the level of coverage required for growth firms to attract investment.

European brokers have been forced to slash the size of their analyst teams after EU-era MiFID II rules forced them to ‘unbundle’ analyst and trading fees.

929 thoughts on “London Stock Exchange boss calls for executive pay hike to tempt top firms to the city”

  1. I love your blog.. very nice colors & theme. Did you create this website yourself? Plz reply back as I’m looking to create my own blog and would like to know wheere u got this from. thanks

    Reply

  3. Hello there, just became alert to your blog through Google, and found that it is truly informative. I am gonna watch out for brussels. I’ll be grateful if you continue this in future. Lots of people will be benefited from your writing. Cheers!

    Reply

  7. After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.

    Reply

  9. Greetings from Carolina! I’m bored to death at work so I decided to browse your website on my iphone during lunch break. I enjoy the knowledge you present here and can’t wait to take a look when I get home. I’m surprised at how quick your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyways, wonderful site!

    Reply

  18. Hello there I am so thrilled I found your web site, I really found you by error, while I was browsing on Digg for something else, Regardless I am here now and would just like to say thank you for a remarkable post and a all round entertaining blog (I also love the theme/design), I don’t have time to read through it all at the moment but I have book-marked it and also included your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the excellent work.

    Reply

  21. I do like the way you have framed this particular concern and it does provide me a lot of fodder for thought. On the other hand, because of everything that I have observed, I basically wish when the actual responses pile on that people today remain on point and don’t get started on a soap box regarding some other news of the day. Anyway, thank you for this exceptional piece and although I do not agree with it in totality, I respect the viewpoint.

    Reply

  25. Fantastic beat ! I wish to apprentice even as you amend your web site, how can i subscribe for a blog site? The account helped me a acceptable deal. I were a little bit familiar of this your broadcast offered shiny clear idea

    Reply

  28. Hello! This is my first comment here so I just wanted to give a quick shout out and tell you I truly enjoy reading your blog posts. Can you suggest any other blogs/websites/forums that deal with the same subjects? Thank you so much!

    Reply

  29. Thanks for the good writeup. It in fact was a entertainment account it. Look complicated to more added agreeable from you! By the way, how could we keep in touch?

    Reply

  31. I¦ve been exploring for a little bit for any high quality articles or blog posts in this kind of house . Exploring in Yahoo I at last stumbled upon this web site. Studying this info So i¦m satisfied to show that I have a very just right uncanny feeling I found out exactly what I needed. I most no doubt will make sure to do not disregard this website and give it a glance regularly.

    Reply

  423. Hey very nice website!! Man .. Excellent .. Superb .. I’ll bookmark your web site and take the feeds alsoKI am happy to search out numerous helpful information here within the post, we want develop more techniques in this regard, thank you for sharing. . . . . .

    Reply

  790. Undeniably believe that that you stated. Your favourite justification seemed to be on the internet the simplest factor to bear in mind of. I say to you, I definitely get irked whilst other people consider issues that they plainly do not understand about. You controlled to hit the nail upon the highest and outlined out the whole thing without having side-effects , folks could take a signal. Will probably be again to get more. Thank you

    Reply

  803. Hey are using WordPress for your site platform? I’m new to the blog world but I’m trying to get started and create my own. Do you need any html coding expertise to make your own blog? Any help would be greatly appreciated!

    Reply

  846. I’m not sure why but this site is loading very slow for me. Is anyone else having this issue or is it a issue on my end? I’ll check back later and see if the problem still exists.

    Reply

  869. Wow that was unusual. I just wrote an very long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyhow, just wanted to say excellent blog!

    Reply

  895. I genuinely enjoy examining on this internet site, it has superb content. “The longing to produce great inspirations didn’t produce anything but more longing.” by Sophie Kerr.

    Reply

  897. Wow, marvelous weblog layout! How lengthy have you ever been running a blog for? you make blogging glance easy. The whole glance of your site is magnificent, as smartly as the content material!

    Reply

  898. Hi! I know this is somewhat off topic but I was wondering which blog platform are you using for this site? I’m getting tired of WordPress because I’ve had problems with hackers and I’m looking at alternatives for another platform. I would be fantastic if you could point me in the direction of a good platform.

    Reply

  899. I was suggested this web site by my cousin. I am not certain whether this publish is written through him as no one else understand such targeted about my problem. You’re incredible! Thank you!

    Reply

  907. I really appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thank you again

    Reply

  908. What i do not realize is in fact how you are not really a lot more well-favored than you might be now. You are very intelligent. You know thus considerably in the case of this subject, made me individually consider it from numerous varied angles. Its like men and women don’t seem to be fascinated until it?¦s one thing to do with Girl gaga! Your personal stuffs great. Always handle it up!

    Reply

  909. Good – I should definitely pronounce, impressed with your web site. I had no trouble navigating through all the tabs as well as related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or anything, website theme . a tones way for your customer to communicate. Nice task.

    Reply

  910. What Is Neotonics? Neotonics is a skin and gut supplement made of 500 million units of probiotics and 9 potent natural ingredients to support optimal gut function and provide healthy skin.

    Reply

  911. hey there and thank you for your information – I have definitely picked up something new from proper here. I did on the other hand experience several technical issues using this website, as I experienced to reload the website a lot of instances prior to I could get it to load properly. I have been thinking about in case your web host is OK? Now not that I am complaining, however slow loading circumstances times will often affect your placement in google and could damage your high quality score if ads and ***********|advertising|advertising|advertising and *********** with Adwords. Anyway I am adding this RSS to my email and can glance out for much extra of your respective fascinating content. Ensure that you replace this again soon..

    Reply

  914. Thank you for another informative web site. Where else could I get that kind of info written in such a perfect way? I’ve a project that I am just now working on, and I have been on the look out for such info.

    Reply

  915. Hello There. I found your blog using msn. This is a very well written article. I’ll be sure to bookmark it and return to read more of your useful info. Thanks for the post. I’ll definitely return.

    Reply

  919. Great ?V I should definitely pronounce, impressed with your site. I had no trouble navigating through all the tabs and related info ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your client to communicate. Nice task..

    Reply

  922. Greetings from Carolina! I’m bored to death at work so I decided to browse your website on my iphone during lunch break. I really like the knowledge you present here and can’t wait to take a look when I get home. I’m surprised at how fast your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, very good blog!

    Reply

  926. This is the right blog for anyone who wants to find out about this topic. You realize so much its almost hard to argue with you (not that I actually would want…HaHa). You definitely put a new spin on a topic thats been written about for years. Great stuff, just great!

    Reply

  927. I feel that is among the most vital info for me. And i’m glad reading your article. But should statement on some general issues, The website style is wonderful, the articles is in reality nice : D. Excellent activity, cheers

    Reply

  928. I am extremely impressed with your writing skills as well as with the layout on your weblog. Is this a paid theme or did you modify it yourself? Either way keep up the excellent quality writing, it is rare to see a great blog like this one these days..

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Access-Bank

The Access Bank (UK) Limited to Acquire Mauritius-based AfrAsia Bank Limited

November 14, 2024 11
IMG-20241112-WA0002

AMGA 2024: Local Organizing Committee unveils Nigerian Music Icon Olamide as Brand Ambassador

November 14, 2024 2