As inflation hurts most in the UK, top bosses enjoy ‘bumper’ pay rises

The median FTSE 100 CEO in the UK was paid 118 times more than the median full-time worker, with bosses receiving average pay increases of around $5m in 2022 amid a cost-of-living crisis, according to a study by the High Pay Centre think tank. Workers unions criticized these findings, calling it a "land of grotesque extremes" while highlighting the struggle of households dealing with rising living costs.

aljazeera.com

Relevant topic timeline:

8/18/2023

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