We learned this week that bonuses payed to those lucky folks in the financial services 'industry' hit a record high of over £14 bn. Follow this with news that boardroom pay has gone up astronomically (again), and that this latest rise in directors' pay
is more than 11 times the increase in average earnings and nearly 20 times the
rate of inflation
so that's the best of times covered, seemingly. how about the worst?
well, there's the staggering consumer debt the UK is now saddled with, which for the first time is more than the entire economic output of the country.
how does Britain manage to keep a straight face through all this? can we seriously be committed to a fairer society when we value CEOs 100 times more than people who work for them?!