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PM backtracks over plan for workers on boards

Prime Minister Theresa May is reportedly backtracking on her plan to put workers on company boards following backlash from businesses.

May is facing protests from bosses over the logistical complications of adding employees to all boards and has agreed to a diluted version of the strategy, according to The Sunday Times.

Businesses are being told to support the government’s curb on executive pay as a result.

In October, May confirmed plans to have both customers and workers represented on company boards and crack down on unscrupulous directors.

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