Vince Cable's populist political theatre

Vince Cable has vowed to take on the populist crusade against excessive executive pay. But is he setting a dangerous precedent?

Vince Cable told MPs that it was not his job to "micromanage company pay". Quite right, says The Times. "Unfortunately, the business secretary has decided to micromanage corporate governance instead."

Under his proposals, boards and remuneration committees must listen to the views of employees on executive pay; treat shareholder votes on remuneration as binding (and require a 75% rather than 50% approval); bring in claw-back mechanisms to end payments for failure; and increase transparency and accountability.

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Emily Hohler
Politics editor

Emily has worked as a journalist for more than thirty years and was formerly Assistant Editor of MoneyWeek, which she helped launch in 2000. Prior to this, she was Deputy Features Editor of The Times and a Commissioning Editor for The Independent on Sunday and The Daily Telegraph. She has written for most of the national newspapers including The Times, the Daily and Sunday Telegraph, The Evening Standard and The Daily Mail, She interviewed celebrities weekly for The Sunday Telegraph and wrote a regular column for The Evening Standard. As Political Editor of MoneyWeek, Emily has covered subjects from Brexit to the Gaza war.

Aside from her writing, Emily trained as Nutritional Therapist following her son's diagnosis with Type 1 diabetes in 2011 and now works as a practitioner for Nature Doc, offering one-to-one consultations and running workshops in Oxfordshire.