UK Companies Consider Raising Executive Pay to Stem Talent Drain

Bosses and companies want higher pay to match US levels to prevent an executive exodus from the London Stock Exchange.

Investors who previously opposed big raises have softened their stance, feeling pressure to make London more competitive.

Several FTSE 100 companies are pitching US-style pay packages to retain and attract talent.

Not everyone agrees higher pay is the solution, with some saying it ignores other structural and cultural challenges.

Politically, rewarding high earners may be difficult with stagnating living standards and economic inequality in society.