UK bosses told to rein in pay in pandemic or see reputations hit
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LONDON (Reuters) - Executive pay should take into account any government support, capital supplied by shareholders or furloughing of staff during the pandemic or companies risk damaging their reputations, Britain's Investment Association said on Monday.The IA represents investment managers in Britain and said it was asked by remuneration committees of UK listed companies about how shareholders want the fallout from the pandemic reflected in executive pay."Where a company has sought to raise..