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My Lords, I find the Minister’s response to my noble friend Lord Hunt’s question about the independent review, and indeed what he has just said in response to the previous question, a little puzzling and confusing. Surely there is some urgency in setting up this independent review that the Prime Minister announced. The current system is not working as well as the Minister has just...
My Lords, would the noble Lord accept that, where the regulatory function of remuneration committees in universities is obviously not working properly, as in the case of the University of Bath, the Higher Education Funding Council ought to intervene to see that it is put right? It cannot be accepted that a pay package of £0.5 million is appropriate for any vice-chancellor, particularly...
My Lords, I want to start by making a general point about setting a five-year pay cap. It is an unsustainable policy, because it is rigid and cannot be easily adjusted according to changes in economic circumstances. When the decision was made to have a 1% cap, inflation was extremely low. Indeed, there were fears of deflation and high unemployment. Moreover, private sector pay levels had...
Entered the House of Lords in 1987
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This data was produced by TheyWorkForYou from a variety of sources. Voting information from Public Whip.