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UK Rolls Out New Rules On Executive Pay At Large Cos.

Law360, London (January 2, 2019, 6:09 PM GMT) -- The U.K’s largest companies will be forced to disclose how much their bosses are paid — and the size of the pay gap between the most senior staff and their average employee — under new rules that came into force Tuesday and are designed to boost accountability at the highest level.

Under the rules, companies listed on the London Stock Exchange and which have more than 250 employees will have to provide figures for how much they pay their workers every year, starting in 2020.

Business Secretary Greg Clark said the regulation on pay ratios would also help to increase transparency...

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