It's time for us to be as bold on tackling the staggering income inequality that exists in the UK, by introducing a maximum wage to end the disparity between the top and the bottom. The facts and figures tell it all. In 2013 the average FTSE 100 CEO received total remuneration worth 143 times that of the average employee in their firms.
Employers who do not pay at least the Living Wage, especially those who are turning a decent profit, need to wake up to the growing public outrage that so many among our workforce are expected to exist on poverty pay.
It's not just that there is a 'moral case' for greater diversity in business. Capitalising on women's potential makes economic sense. Having more women on corporate boards has been shown to increase both the share price and the return on equity. It doesn't surprise me that the 2013 list of the world's most valuable brands showed companies with a greater than average proportion of female board members outperforms those with an all-male board. So why are women undervalued across the business spectrum?
With the recent announcement by Lord Davies, Britain's former trade minister, that women now account for 21% of board members in the FTSE 100 firms and that this figure looks well placed to meet the target of 25% by 2015, now more than ever it is time for women in business to stand tall and know their value. The tide is turning.
Business Secretary Vince Cable has told Britain's leading companies, including banks, that continuing with "excessive" executive
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The perennial paradox of international development is that countries with the most plentiful natural resources - whether oil, gas or diamonds - often tend to be relatively poor, undemocratic and economically stagnant...
Ahrendts' departure was timely, coming on the same day as European Parliament committees voted in favour of draft legislation requiring 40% representation for women among non-executive board members... London, Europe's main financial centre and home to some of the world's largest companies, should be leading the way on this issue.