The metaphoric tug-of-war between the U.S. and the U.K. has heated up in recent years with British companies moving across the Atlantic to list publicly. A related hurdle has been with luring executive talent as London’s pay standards are far lower in comparison to some parts of the world, such as New York.
London Stock Exchange's CEO has been vocal about the need to up the U.K.’s pay packages for executives if it hopes to compete with global players. In an interview for Bloomberg’s In the City podcast, LSE’s Julia Hoggett emphasized the challenges that lower executive pay standards pose.
