Skip to main content
Regional secretary with the National Education Union
Fat cat pay: CEO annual salary would now take you 117 YEARS to earn
[Images Money/Creative Commons]

WORKERS would need to work 117 years to earn a chief executive’s annual salary, shocking new research into wages paid by Britain’s largest companies has revealed.

Shadow chancellor John McDonnell slammed the pay gap as “grotesque” and promised to “tackle the scourge of high pay” if Labour takes power.

Analysis of the stock market’s top 100 firms found the average executive salary was an eye-watering £3.46 million a year, down 13 per cent on 2018.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
SMILING ASSASSINS: Contra rebels in Nicaragua
Extract / 21 January 2020
21 January 2020
Investigative journalist PHIL MILLER'S new book exposes the activities of Keenie Meenie Services, a powerful and secretive mercenary company which, from Sri Lanka to Nicaragua, has been involved in war crimes around the world.
Captain Dean Sprouting
Britain / 10 October 2019
10 October 2019
US soldiers' 'entirely improper' driving of forklift truck crushed Captain Dean Sprouting
A US airman secures a fuel line on the flightline at Royal A
Britain / 26 September 2019
26 September 2019