BUSINESS Secretary Vince Cable is perfectly correct in his attempt to stop irresponsible companies rewarding failures.

Failures in high-flying jobs should either be demoted or shown the door. Rewarding them is immoral and an affront to decent, loyal, hard-working people who, at the end of their careers, if lucky, receive a gold watch and a reduced, government-raided pension pot.

Ken Holmes, Cliffe Common, Selby.