Highly paid bosses should not get honours, City veteran tells MPs

Rewards for being in business should be primarily financial, says GlaxoSmithKline chair Sir Philip HamptonKnighthoods and other public honours should not be handed to highly paid businesspeople, one of the UK’s most respected company chairmen has told MPs.Sir Philip Hampton, who is chairman of pharmaceuticals group GlaxoSmithKline and was awarded his own knighthood for public service, said businesspeople were rewarded with money, and that the honours system should be directed at those who