High pay damages our economy
One Society’s Duncan Exley argues high executive pay damages the performance of the economy, and the businesses which themselves award the pay.
greed
As top pay soars, the 99% are left behind
The news about top bosses’ pay this morning is just the latest in a series of reports highlighting huge disparities between the top 1% and the remaining 99%.
All in it together, eh Gideon? FTSE fat cats see pay rocket 50 per cent
As millions suffer the squeeze in Austerity Britain, the pay of FTSE 100 directors rose 50 per cent in the last year, a sickening new report reveals today.
The “occupy” protests come to the City this Saturday
Protests similar to those that have targeted Wall Street in recent weeks are set to hit the City of London this weekend, reports Left Foot Forward’s Shamik Das.
Tories fail to shine a light on City pay
This week ahas exposed yet another example of the Tories talking tough but doing nothing when it comes to reforming the financial system and taking action on bankers’ pay.
Will the government drop bankers’ pay legislation?
The Labour government in response to the public outrage on bankers’ pay promised to increase transparency by introducing legislation that would force banks to reveal the pay of their top earners. It wouldn’t name and shame but it would, for example, show how many people were earning more than £1 million or more than £10 million in any one bank.
Public sector fat cats come under fire
37 council chief executives in England received average payoffs of more than £250,000 each in the 33 months to last September, the Audit Commission has found.