GMB criticises PM's climbdown over worker representation on boards
1 min read
GMB has criticised the Prime Minister for once again reneging on her pledge for worker representation on company boards.
In October, Theresa May told the Conservative Party the Government would “publish our plans to have not just consumers represented on company boards, but workers as well”.
Today the Government revealed new legislation requiring companies to reveal pay ratios but backtracked on her promise to give workers a voice on company boards.
Companies will only have to show they have listened to employees' concerns.
Tim Roache, GMB General Secretary said:
“This is a pathetic climb down from the Government. The Tories have once again sided with the fat cats over the workers.
"The Prime Minister’s original announcement was meant to make the Conservatives look friendly to working people - but she has completely failed even to follow through on the modest promise she made, watering it down so much that it is meaningless.
“Worker representation on boards would have helped get greater fairness and dignity in the workplaces.
"People won’t fall for the Prime Minister’s nice words when they are followed by broken promises like this."
