Tories' corporate reform proposals a far cry from May's radical pledge

PM performed linguistic gymnastics to recast her ‘workers on boards’ vow, now green paper offers little more than tweaksTheresa May promised radicalism on executive pay and boardroom governance but her government’s green paper is not that. Most of the proposals represent tweaks to the current setup. The corporate lobby, one suspects, will breathe a sigh of relief. The pay of the average FTSE 100 chief executive has increased from 47 times that of the average worker in 1998 to 1