John McDonnell Warns BAE Systems Could Lose Major Government Contract Unless Boss Agrees To Pay Cut

Shadow Chancellor John McDonnell has warned BAE Systems risks losing its government defence contracts if Labour wins the election, unless its top boss agrees to a reduction in pay.
Speaking on Pienaar’s Politics on BBC Radio 5 Live, McDonnell  said a Labour government would seek to make pay more equitable and ‘address some of the grotesque inequalities on rewards within a company’.
Questioned on how that might affect BAE chief executive Charles Woodburn, who is expected to