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.
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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.
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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.
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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.
Chorlton widower flooded with kindness after sending a letter to neighbours
Daisy Jackson
A pensioner in Chorlton has been flooded with kind messages after sending a heartwarmingly honest letter to his neighbours.
David Whitehead, 75, posted a letter to other homes on his street asking if they ‘might allow’ him to meet their dogs, writing that he ‘very much misses canine contact’.
David shared in his letter that he and his late wife had rescue dogs when they lived in Northern Ireland.
But since moving to Chorlton and into rented accommodation, he’s no longer allowed to have pets.
Since the widower’s touching appeal was shared in a local Facebook community group, he’s been flooded with kind offers of companionship – both human and four-legged.
One person shared that he has already ‘met five dogs in four days’, along with a photo of David holding two small dogs in a coffee shop.
David’s letter reads: “Do excuse this unsolicited letter from a well-meaning neighbour.
“Last month I came to live at Acres Rd. Because my house is rented I am prohibited from keeping a dog (or indeed any kind of pet). Which saddens me. In an earlier life – in County Down, Northern Ireland – my late wife and I homed a sequence of rescue-dogs, and I very much miss canine contact.
“I am writing to ask, therefore, whether you have a dog or dogs yourself and, if you do, whether you might allow me to meet him/her/them.
“Beyond that, occasionally joining you on a walk (not-too-strenuous: I am 75!) would mean a lot to me.
Chorlton widower flooded with kindness after sending a letter to neighbours. Credit: Facebook, Rory Michael
“Again: my apologies if you find this approach intrusive; it is certainly not meant to be. If you don’t, please consider texting me so that we can discuss how to proceed.
“Thank you and best wishes, (Prof) David Whitehead.”
One neighbour then shared the following update: “Hello everyone! David wanted to thank everyone for their kind comments and messages, he’s now met 5 dogs in 4 days including my own dogs.
“David was the loveliest coffee shop companion and if anyone with a dog wants to reach out to him I can vouch for him not being an internet weirdo.”
GMP detective jailed after sexually assaulting another police officer while on duty
Emily Sergeant
A police detective has been jailed after sexually assaulting another office and staff member while on duty.
Detective Sergeant Richard Mills, from Rochdale, was found guilty by jury verdict of two counts of sexual assault in December of last year, with the two counts in relation to incidents of forceful sexual touching in 2016 and 2020 while he was based in Greater Manchester Police‘s (GMP) Oldham district, and then in the Crime Coordination Unit at Nexus House.
The 42-year-old was said to have been brought to justice for his “abhorrent behaviour towards his colleagues” after they bravely came forward and supported prosecutions during his trial at Liverpool Crown Court last week.
GMP says Mills first came onto the force’s internal investigation team’s radar in 2016 following a report from a member of staff.
Detectives began investigating allegations of sexual assault and gross misconduct, and DS Mills subsequently relocated from working in Chadderton Police Station to the Crime Coordination Unit in Nexus House.
But then, in March 2023, DS Mills made inappropriate comments of a sexual nature in an open working environment within the earshot of several colleagues, which again, sparked numerous complaints and eventually gained the attention of GMP’s Professional Standards Directorate.
#JAILED | DS Richard Mills starts an 18-month jail term today after he was found guilty of sexual offences.
He abused his position of trust and authority within GMP and we are appealing for Mills to lose his right to a police pension.
Amid this offence, it was then that another police officer came forward to disclose DS Mills had sexually assaulted her in 2020.
In both cases, DS Mills was said to have grabbed his co-worker’s hand and forced them to touch his genitals over his trousers.
Mills was sentenced to 18 months in prison at Liverpool Crown Court last Friday (7 February), and has also been placed on the sex offender registry for ten years.
Now that criminal proceedings have concluded, gross misconduct proceedings will take place.
“DS Mills gravely abused his position of trust and authority within the force when he assaulted his female colleagues for his own perverse gratification,” commented Detective Superintendent David Jones, from GMP’s Professional Standards Directorate, following the sentencing.
“It was through their brave disclosure that we built a strong prosecution case.
Detective Superintendent Jones said Mills is “unfit to serve the public” and confirmed that he has been barred from policing.