John Denham MP, Labour's Shadow Secretary for Business, Innovation and Skills, commenting on Will Hutton's Fair Pay Review interim report published today, said:
“This is an interim report and we need to look at the final recommendations. Hutton’s original commission to look just at the public sector was too narrow. The Government should extend its focus to explicitly cover the private sector. They should start by ensuring bankers' bonuses are disclosed.
“Pay needs to be a fair reward for work across our economy, not just in the public sector. It’s not right that some work long hours but can’t make ends meet, while other get huge returns out of any proportion to the social and economic value of what they do.
“As part of Labour’s policy review, we want to look at what policies could encourage fair pay and fair rewards, such as encouraging a wider take up of a living wage.”