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  Private sector pay should not fall into the remit of government - except where government is buying significant quantities of goods or services from them and then they should exert moral pressure and perhaps even contractual pressure to moderate pay increases especially in the upper echelons of businesses
  
  However their is a moral and ethical point here about the narrowness of membership of remuneration committees and the apparent rewarding of failure. Frankly it is maybe time the consumer took the power they have and actually used it by refusing to purchase goods or services from those companies that apparently reward failure etc etc

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