The pay gap in UK business is eye-watering. Bosses of the largest UK companies earn around 100 times more than the lowest-paid employees in their organisations, according to some estimates. This year, chief executives from the top 100 UK companies saw their pay rise by nearly a quarter on average, research from PwC shows. This is at a time when many employees are being offered below-inflation pay rises.
The sense of unfairness about this among workers is intensifying. We have seen this during the “summer of strikes” this year, which has continued into the colder months and does not look likely to let up any time soon.
