TUC welcomes May’s workers’ pledge

The TUC has welcomed the pledge by Conservative leader and Prime Minister-in-waiting Theresa May to allow workers to sit on company boards.

TUC general secretary Frances O’Grady said: “The TUC has long argued for workers to be given seats on company boards and remuneration committees. Workers have a clear interest in the long-term success of their companies and deserve a bigger say.

“This move would inject a much-needed dose of reality into boardrooms, as well as putting the brakes on the multi-million pay and bonus packages which have done so much to damage the reputation of corporate Britain.

“If politicians are serious about making chief executives more accountable this is a common sense approach. I stand ready to meet Theresa May to discuss these proposals.”