Press release

Number 10 Press Briefing - Downing Street 14 March Morning

Executive pay and unemployment were among the topics discussed at the Downing Street press briefing.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Executive Pay

Asked whether there were more details on the Business Secretary’s announcement on executive pay, the PMS said that the Business Secretary had set out proposals in January and the Written Ministerial Statement was providing more detail on plans to empower shareholders.

Asked whether the Government thought this was encouraging shareholders to micromanage companies, the PMS said that the Government always thought it was important to empower shareholders with regards to remuneration scrutiny and were subsequently consulting on their proposals.


Asked whether the Government agrees with reports that the majority of private sector jobs being created were part time, the PMS said that the economic situation still remained difficult but the Government was doing everything it could to help unemployed people find jobs and create an environment to help businesses grow and new companies to create jobs.


Asked whether the PM had given the DPM any tips for PMQs, the PMS said that the DPM was perfectly qualified to stand in for the PM during his trip to the United States.

Minimum wage

Asked whether the Government would maintain the national minimum wage for young people, the PMS said that the Government wanted to do it all it could to help young people into work, but referred the journalist to the Department of Work and Pensions for detail on future policy.

Published 14 March 2012