Cable: City Must Demand BP Scalps Over Pay

Investors in BP should call for the resignations of BP's chief executive and members of its remuneration committee, according to the architect of the most recent overhaul of boardroom pay in Britain. Speaking to Sky News, Sir Vince Cable, the former business secretary, said that shareholders should demand top-level scalps after the oil giant suffered one of the most humiliating rebellions in recent corporate history. Almost 60% of BP investors voted against its remuneration report at a stormy an