How Britain is becoming more and more unequal

Under a Labour Government, Britain gained a Low Pay Commission created by the Government itself.  Under the Coalition Government, it now has a High Pay Commission but this has been formed by Compass with the support of the Joseph Rowntree Charitable Trust.

The High Pay Commission has just published its Interim Report. What does this report tell us? The Commission has found that:

  • If current trends continue, we will go back to levels of inequality not seen since Victorian England.
  • A top executive is currently paid 145 the average wage. By 2020, the differential will be 214 times.
  • Exponential top pay increases are a form of market failure.

You can read more about the report in this “Guardian”article.


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