FT'S LEX COLUMN
THE LEX COLUMN: Hit CEOs with a disappointment tax
This is the only answer to public anger
The collapse of Thomas Cook shows reform is needed. The UK urgently needs a tax on disappointments. This is the only answer to public anger over the demise of a 178-year-old business that has left holidaymakers stranded.
CEOs who received pay typical to their station turned out to be a bit useless. They should be made to suffer.