Wake Up to Money Going nuclear
13 snips
Sep 15, 2025 
Joanna Jensen, founder of Child's Farm and now an angel investor, joins Judith McKenzie of Downing Fund Managers, Michael Jenner from Last Energy UK, and Chris Bird, former COO of Manchester City. They discuss the UK government's plans for substantial investment in nuclear energy and its potential to create jobs. The conversation shifts to the ethical implications of executive pay, inspired by the Pope's comments, and nostalgically reflects on Ricky Hatton's enduring legacy in Manchester, highlighting community spirit and the unifying power of sport.
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Pope Spotlights CEO Pay Inequality
- The new Pope criticised extreme CEO pay ratios, highlighting growing pay inequality.
- He contrasted historical multiples with today's figures that can exceed hundreds of times average wages.
Fund Managers Must Reclaim Voting Responsibility
- Fund managers should stop outsourcing votes to proxy advisors and make stewardship decisions themselves.
- Actively voting and scrutinizing pay packages can rein in excessive executive compensation.
Proxy Advisors Raised CEO Pay Norms
- Proxy advisor influence helped raise average CEO pay over the last decade by normalizing larger packages.
- Active shareholder engagement can reverse that trend by applying common-sense checks.
