Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Government's paper, Corporate Governance Reform, published on 29 August 2017, whether the publication of pay multiples will apply solely to the CEO of a company.

Work is underway to bring forward legislative proposals for pay ratio reporting as soon as possible.

The pay ratio reporting requirement is intended to apply to the Chief Executive Officer (CEO) of the company and to be determined by reference to the single figure for total remuneration receivable by the CEO that quoted companies are required to disclose annually (along with the pay of other directors).