FTSE 100 bosses given average pay rise of £500,000, while ordinary workers are told to show restraint
‘Median CEO pay is now 118 times that of the median UK full-time worker, compared to 108 times in 2021 and 79 times in 2020.’
Inequality
A level results reveal widening gap between advantaged and disadvantaged students
‘Initial data show some worrying trends for educational inequality, with potential long-term implications for social mobility.’
Why Keir Starmer is absolutely right to prioritise ‘smashing the class ceiling’
Class remains a pertinent force in British politics, determining the life chances of millions and it casts a far longer shadow than many of us like to believe or admit.
15-year wage stagnation has left average earnings £230 a week lower than their pre-financial crisis trend
The good news of today doesn’t make up for 15 years of unprecedented wage stagnation.
‘Modest’ wealth tax on richest 0.3% could raise more than £10bn for public services, says TUC
The trade union body has set out options for taxing the small number of individuals with wealth over £3 million, £5 million and £10 million
Number of ethnic minority workers in insecure jobs rises by 132% since 2011
BME workers account for two thirds of the growth of insecure workers in this period – despite BME workers making up just 14% of the overall workforce.
Chart sums up perfectly just how bad Britain’s economy is under the Tories
It comes as a leading economic think tank warned that the UK is on course to experience five years of “lost” economic growth and is at risk of a recession next year.
Britain’s tax system is rigged in favour of the rich
The system is loaded against workers
A refusal to tackle child poverty shames us as a country
Over the last decade the number of children living in poverty has increased by around 600,000.
More than 3.5 million Londoners have an income below what is needed for a basic standard of living
48% of children living in London are in households with incomes below what they need for a decent living standard.