A new survey showing huge pay gaps between UK bosses and their staff has found that thecountry’stop 350 company execs are being paid on average 53 times more than their mid-level counterparts.
A poll for the High Pay Centre shared exclusively with The Guardian found that huge salary gaps have become commonplace in large UK businesses and that the majority of Brits did not approve.
It comes as many up and down the country are facing the choice between heating and eating, as energy bills skyrocket and the value of UK pension and out-of-work benefits see the biggest fall in 50 years.
According to the new survey, 63% of workers believe that CEOs shouldn’t be earning more than 10 times that of their staff, and only 3% of people deem it acceptable for them to be paid over 50 times the company’s average wage.
Image: Mutual Interest Media
In reality, research published by the same think tank in 2020 shows many top-level bosses are already being paid 50 times more – with some earning as much as 100 times their company’s median salary.
High Pay Research conducted two years ago found a total of 43 bosses of FTSE 350 companies received more than 100 times as much as the average employee, whilst on average bosses are paid at least 53 times more.
It also found that on average an FTSE 100 chief executive makes more money in four days than an average UK worker will over the course of a year.
Many respondents felt that policy measures aimed at distributing wealth more evenly could help to raise living standards for people across the UK.
Luke Hildyard, the director of the High Pay Centre, told The Guardian that the research revealed: “the extent to which the lives of those at the top and those of everybody else have become so far removed from each other”.
He added: “That’s probably not a healthy development.
Image: PixaHive
“Britain’s biggest employers dedicate a significant amount of their budget to the pay of a small number of top earners.
“Redirecting some of this money to low- and middle-income workers would be a good way to raise living standards and address the cost of living crisis but it will require policymakers and business leaders to be a bit more open-minded about whether those at the top really need to be paid so much.”
Frances O’Grady, the general secretary of the TUC, added: “The whole workforce deserves to share in the success of a firm, not just those in the boardroom. But over the years executive pay has raced ahead of other workers – and now it’s at stratospheric levels.
“It’s time to set a maximum ratio between the top earner in each firm and other workers. There should be workers on remuneration committees, to ground decisions in the interests of the whole workforce.
Manchester to fall silent today to mark 80th anniversary of VJ Day
Emily Sergeant
Manchester will mark the 80th anniversary of Victory over Japan (VJ Day) with a poignant ceremony at the city’s Cenotaph today.
While VE Day in May 1945 signified the end of World War II in Europe, thousands of British, Commonwealth, and Allied troops continued to fight in Asia and the Pacific – but VJ Day, which was declared on 15 August 1945, brought a final end to the global conflict.
The day remains a powerful reminder of the enduring spirit of those who fought for freedom, and Manchester‘s commemorations today will aim to honour their courage, resilience, and sacrifice.
The event will bring together veterans, civic leaders, cadets, and members of the public in a shared moment of reflection and gratitude.
This year’s commemorations in the city centre will begin at 11:50am.
15 August 1945 marked Victory over Japan.
Join us tomorrow at 11:40am at the Cenotaph to commemorate the 80th anniversary of WWII in the Far East and honour those who served🫡
A two minute silence will be held at 12 noon, marked by a maroon.
Commemorations will start with opening remarks from The Very Reverend Rogers Govender, followed by a solemn programme of remembrance.
The service will begin at 11:58am with The Exhortation recited by Brigadier AG Ross OBE, followed by The Last Post sounded by WO2 Nick Burroughs, and then at midday, a national two-minute silence will be observed – which will be marked by the firing of a maroon.
Brigadier Ross will then recite the Kohima Epitaph, leading into the wreath laying ceremony featuring cadets from the Manchester Trafalgar Unit Sea Cadets, and the Lord Mayor of Manchester.
The service will conclude with the singing of the National Anthem.
Manchester to fall silent today to mark 80th anniversary of VJ Day / Credit: Manchester City Council
Iconic buildings and landmarks in Manchester, including the Manchester Civic Quarter Heat Network (CQHN) tower, will illuminate their facades from 9pm tonight to honour VJ Day.
“Today, Manchester stands united in remembrance and respect,” commented Councillor Carmine Grimshaw, who is the Lord Mayor of Manchester. “The 80th anniversary of VJ Day is not only a tribute to those who served and sacrificed, but also a celebration of peace and resilience.
“Manchester’s commemorations today reflect the deep gratitude we hold for those who gave so much for the freedoms we have today.”
Featured Image – Manchester City Council
News
First look at Chester Zoo’s new luxury safari-style lodges where you can sleep amongst the animals
Emily Sergeant
The first look at Chester Zoo’s new luxury safari-style resort has been released to the public, and it looks stunning.
In case you missed it, artist impression images of the highly anticipated wildlife lodge experience at Chester Zoo, called The Reserve, were unveiled earlier this year ahead of its grand opening to the public this month following several years in the works… but now opening day is right around the corner, the first official images have been shared.
The Reserve at Chester Zoo features 51 beautifully-designed lodges, with some overlooking a private savannah where giraffes, zebras, and blesbok antelope roam free, while others are nestled beside a peaceful lake.
Guests can choose from a variety of different lodges to stay in, available for up to nine people.
The lodges have been crafted using natural and sustainable materials, with the décor being inspired by landscapes in Africa, and it’s already being described as ‘the ultimate African safari experience right here in the UK’.
Combining luxurious accommodation with exclusive behind-the-scenes access to the zoo’s world-renowned wildlife, Chester Zoo says the new resort is set to transform how travellers experience conservation in the UK.
Those behind the project say the innovative concept – where every stay directly-funds the protection of threatened species globally – will help to strengthen the zoo’s role as ‘one of the country’s most loved and most impactful conservation charities’.
Chester Zoo has given the first look at its new luxury safari-style lodges / Credit: Chester Zoo
“The Reserve at Chester Zoo is a game-changer, not just for luxury travel but for conservation,” commented Jamie Christon, who is the CEO at Chester Zoo.
“Born from our long-standing commitment to protecting African wildlife, we’ve created a truly immersive, safari-style experience right here in the UK, where guests may wake up to giraffes on their doorstep, enjoy unforgettable wildlife encounters and relax in beautifully designed lodges surrounded by nature.
“But what makes The Reserve truly unique is its purpose.
“Guests at The Reserve aren’t just going to enjoy a luxury break – they’re going to power our conservation movement for generations to come.”
Stays at the resort are now available to book online / Credit: Chester Zoo
In the off-season, prices for the lodges start from £375, while one-night stays in summer start from £672.50.
And then in peak season, for the more luxurious lodges, prices can go all the way up to £2,486, but it is worth noting, however, that this does include guided safari tours and going behind the scenes with the giraffes.
Georgina Pellant -
3rd May 2022 
