Nick Clegg says he will limit executive pay

I would be intrigued to know how you define meaningless, given that these 'meaningless' numbers caused a financial crisis that is still having ramifications everywhere now. If you consider affecting almost everyone in the entire western world over a course of years to be meaningless, I would be genuinely interested to know what you consider to be meaningful.

This interferes with supply and demand.

Silly populist policies like this always do more harm than good.

Because it's such a perfect free market that is obviously working so well isn't it?

I say let him do it. Then we will hire some of the UK's best talent when flee to nations that appreciate their contributions.

Sorry what does the private sector have to do with this? For that matter why should the government have anything to do with what private companies do with their cash?

this really is just a stunt to try and please the uneducated masses.

the government can and should do **** all about executive pay in the private sector.

let's not forget that these 'rich people' who are so deominised by morons on this site and in the guardian, the top 10% of earners account for over 50% of the entire income tax taking in this country, surely the 90% of the rest of us can pick up the rest. Are these people not contributing enough already?

I have to ask but why do the government have to put limits on the pay that executives receive within the private sector? I get the public sector limits but the private sector?

why should there pay be cut, if their employees are suffering then why don't they just work harder and become an "executive", these people who earn millions didnt just randomly get the job, they are among the most intelligent hard working people in the world or they wouldn't be in those jobs.

People actually support this? UK will lose a lot of talented people to other places in europe/Asia which are much more investment friendly and you will be the ones suffering when UK runs to the ground. A just system should reward aptitude.

uh huh, they will flee...

Leaving their families, friends and the country they tell us they love... a minor sacrifice for MONEYYYYY!!!

EVERYTHING HAS A PRICE, EVEN SELLING YOUR FAMILY DOWN THE RIVER FOR A QUICK BUCK

We have talented people?

Flip me, I thought we were in a recession with record levels of unemployment

but seriously, any talent we had has already left due to lack of opportunity, underpayment for jobs that don't require connections/nepotism and falling living standards/rising living costs for recieving less

Well shoot! It didn't really consider there are in fact many providers who would otherwise leave in the face of unfair treatment, except that for some bringing their families would be impossible or impractical. That means you can really take advantage of them and they will still be trapped. What a great opportunity for all the people who want to benefit from the effort and good fortune of others.

So maybe it will work out for you, but don't try to be all righteous about it. It sounds as though you are the latter of the groups I referred to, and not the former.

http://www.bbc.co.uk/news/uk-politics-16022162

To tell you the absolute truth, executive pay should have been the first to be cut since the rich won't starve as fast as their employees

Oh well, they are in charge and the poor, sick and disabled are vulnerable to upper class bullying bastards

Someone studying economics would know better, there are many different events that lead to the current state of the economy, I don't get why you imply that the vast majority of CEOs have had anything to do with this (besides just saying they don't do any work with no proof), or why it warrants slashing their salaries which come from the money they are making for their own companies.

...productive industries - ones where we actually build and sell stuff rather than just push meaningless numbers around from one computer to another.