Stratospheric increases in pay are damaging the UK economy

Not my words, but the words of the High Pay Commission. After 12 months of study, this body, set up with charity funding to look at the pay of top executives, said that: “Stratospheric increases in pay are damaging the economy – distorting markets, draining talent from key sectors and rewarding failure” The study compared Directors’ pay in the top … Continue reading

Posted by Nigel Tree | Comments Off on Stratospheric increases in pay are damaging the UK economy

Do we need a High Pay Commission?

Today the centre-left political pressure group, Compass, and 100 leading public figures launched a campaign to curb excessive pay. They called on the government to establish a High Pay Commission.   The statement says: “The crisis we find ourselves in is one significantly caused by greed. The salaries of those at the top raced away while the median wage stagnated. … Continue reading

Posted by Nigel Tree | Comments Off on Do we need a High Pay Commission?