Britain's May slams 'fat cat' business executives

London

THERESA May has attacked highly paid UK executives as the "unacceptable face of capitalism" in an article she wrote for the Mail on Sunday as part of her crackdown on corporate governance.

"A minority of firms are falling short of the high standards we expect of them. Some have deliberately broken rules that are designed to protect their workers," the UK prime minister wrote in the newspaper. "Others have ignored the concerns of their shareholders by awarding pay rises to bosses that far outstrip the company's performance."