Pay for managers at Britain’s largest companies rose by 16% last year, making their average earnings 118 times higher than the average full-time British worker. This is the conclusion reached by the British research center High Pay Center after research.
The researchers examined the salaries of senior executives of major British listed companies. They received an average of £3.91 million, equivalent to €4.6 million. This is the highest amount since 2017 and half a million pounds more than in 2021.
Many British employees are suffering from high inflation and can no longer pay their bills. Luke Hildyard, director of the High Pay Foundation, concludes: “At a time when many families are struggling with the cost of living, the economic model that prioritizes increasing the salaries of CEOs who are already millionaires is missing something, which prioritizes raising half One million pounds sterling. center.
Read also | The British economy appears to be recovering, but “big problems” remain.
The rest of the economy is “the only misery”
Last month, the economy appeared to be rebounding again on paper, with growth of 0.2 percent. However, problems remain serious in the UK. Correspondent Leah van Beechoven said the growth figures were a nice distraction for the British government, because the rest of the economy was “just miserable”.
