TUC joins Dutch and German unions on fat cat pay

The
TUC is joining with Dutch and German unions to fight against excessive
executive pay.

The
TUC, DGB and FNV have sent an appeal on excessive executive pay to the European
Commission, and the national governments of Germany, the Netherlands, and the
UK.

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The
unions say company boards that award themselves large pay rises without any
clear link to performance are creating a crisis of confidence among customers,
employees and shareholders.

By Quentin Reade