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Brexit-inspired equity gains will pour "petrol on the fire" of the issue of executive pay, said Steve Varley, chairman and managing parter for the U. and Ireland at professional services company Ernst & Young.

Varley is a business adviser to Britain’s Chancellor of the Exchequer Philip Hammond.

That may sound counter-intuitive since evidence is mounting on how the plan to quit the European Union is hurting businesses.Calls to toughen the stance on corporate remuneration have mounted since a government green paper in November showed compensation of FTSE 100 bosses more than quadrupled in the past 18 years even as wage growth of most workers lagged behind.CEOs earned, on average, 128 times more than full-time employees in 2015, up from 47.1 in 1998, the report showed. pay increases will drop to 2.2 per cent for 2017, according to an annual survey published by the Bank of England, a figure that won’t keep up with inflation. Davidoff cigarette maker Imperial Brands Plc dropped plans in January to give its CEO a raise of as much as £3m through a change to its incentive plan, heading off a showdown with shareholders at an annual general meeting.The head of the Equality and Human Rights Commission, David Isaac, has also said he is “hugely concerned” about a backlash against European citizens once the Government’s EU withdrawal negotiations begin.Assistant Chief Constable Mark Hamilton, the National Police Chiefs’ Council lead for hate crime, said the organisation had been in touch with European embassies based in the UK over the threat of increased violence.There are no catches, fees, credits, coupons, gimmicks or surprises at Connecting Singles. Choose one and customize it, or create one of your own. A 100% FREE Online dating service for Malta singles offering free online dating, free dating online, photo personal ads, matchmaking, free email, extensive search, and more. 100% FREE Online Dating Connecting Singles is a 100% FREE online dating service for singles!