Bosses at Britain’s biggest companies will have earned more by lunchtime today than the typical worker will over the whole of 2024.

Statistics reveal that a typical FTSE 100 chief executive now takes home £3.81million, over 109 times more than the average salary of £34,963.

By 1pm today – dubbed ‘Fat Cat Thursday’ – some executives will have taken just two-and-a-half working days into January to outstrip the yearly salary of many staff, said the High Pay Centre think-tank.

But some earn much more and will have even bigger pay gaps with workers. The 1pm mark is one hour earlier than when the median worker’s annual pay was estimated to have been passed last year.

Among the biggest FTSE, or Footsie, earners last year was Albert Manifold, chief executive of construction group and Tarmac-owner CRH.

Bosses at Britain’s biggest companies will have earned more by lunchtime British News Today than the typical worker will over the whole of 2024 (file image)

He was paid £10.4million, 259 times more than his average worker, giving CRH the largest pay gulf of any blue-chip company.

Pascal Soriot, of pharmaceutical giant AstraZeneca, was the highest-earning FTSE 100 chief with £15.3million while Charles Woodburn, chief executive of defence giant BAE Systems, earned £10.7million. Tory MP Bob Blackman asked: ‘Can they justify these huge salaries? Are their talents so rare? I struggle to answer that. They are paid far outside what the average individual earns.’

Astonishingly, the figures follow calls from business groups for executives to be paid even more for the UK to compete as a global financial centre.

UK newspapers' positions on Brexit | University of OxfordThey included Julia Hoggett, head of the London Stock Exchange, who spoke of a ‘lack of a level playing field’ between Britain and other countries, notably the US.

Luke Hildyard, High Pay Centre director, said: ‘Lobbyists spent much of 2023 arguing that we are too concerned with gaps between the super-rich and everybody else. They think that economic success is created by a tiny number of people at the top and that everybody else has very little to contribute.

Statistics reveal that a typical FTSE 100 chief executive now takes home £3.81million, over 109 times more than the average salary of £34,963 (file image)

‘When politicians listen to these misguided views, it’s unsurprising that we end up with massive inequality, and stagnating living standards for the majority of the population.’

The figures also showed that chief executives of FTSE 250 companies will need to work until January 10 for their average pay of £1.32million to overtake the annual salary of the typical UK worker.

A partner at one of the ‘magic circle’ of elite law firms, who earn on average £1.92million, would reach this level by January 8.

A partner at a ‘Big Four’ accountancy firm, average pay £871,000, would reach the milestone on January 16 as would a banker at one of the FTSE 100 banks.

Those in the top 1 per cent of UK earners, making at least £145,000, will have overtaken the annual pay of the median worker by March 29.

FTSEAstraZeneca

Leave a Reply

Your email address will not be published. Required fields are marked *

https://ilmukomunikasi.uad.ac.id/
https://espotting.com/
https://32sing.com/
https://prime.edu.pk/blogs/
https://topfroosh.com/
https://zmart.hk/
https://shop.drdavidgilpin.com/
https://penzonerealty.com/
https://thefarmwifelife.com/
https://dominicandreamgirl.com/
https://menstruationstassen-test.com/
https://b4uage.com/
https://vignet.net/
https://neubau-immobilie-leipzig.de/
https://ttg.com.ar/
https://allindiastrengthwars.in/
https://psiquiatraenprovidencia.cl/
https://theusaage.com/
https://crazytraveldeal.com/
https://vegaviral.com/
https://losafoods.com/
https://mycrimea.online/
https://runwithyourheart.site/
https://laidegoldskinclinic.com/
https://fuelpumpexpress.com/
https://flughafen-taxi-muenchen.com/
https://2z25.com/
https://toshow.us/
https://cprnabzino.com/
https://apologetics.ro/
https://puppiesanimals.com/
https://grandkozmetik.mk/
https://virtusmurano.com/
https://henyodigital.com/
https://painfulparenting.com/
https://mold.maqopt.com.br/
https://shopmygear.com/
https://richiptv.com/
https://s3webservices.tech/
https://anhduongcompany.vn/
https://tonyslavin.com/
https://bestcardiologistnashik.in/
https://jeansjourney.us/
https://latisanery.com/
https://edeyselldigitals.com/
https://lynxlolerservices.co.uk/
https://theonenews.in/
https://veganscure.com/
https://baizelshoecare.co.za/
https://kmh-tea.com/
https://inland.website/
https://cryptoswaptrade.com/
https://saudepreciosa.com/
https://hiremedubai.com/
https://huntingsurvivors.com/
https://90s-shop.nl/
https://toffeehousesweets.com/
https://itn-info.com/
https://amaronilogistics.eu/
https://discimus.com.br/
https://runoved.ru/
https://panmarketllc.com/
https://agapelux.com/
https://snaptosign.com/
https://topnotchdealz.net/
https://mundoanimalperu.com/
https://mundoauditivo.com/
https://oncallorganicfood.com/
https://skyfood.co.uk/
https://saudecomgontijos.site/
https://pickandgofurniture.com/
https://byassa.ma/
https://agelessbeautylaserskinspa.com/
https://theidealseo.com/
https://bidkoin.id/
https://rblogistics.co.id/
https://dev.iphi.or.id/
https://iphijateng.or.id/
https://iteso.co.id/
https://movieland.id/
https://zteindonesia.co.id/
https://mail.pagtickets.com.br/
https://blogs.astroanupmishrji.com/
https://blogs.epistylar.com/
https://techfat.com/
https://smkn2jiwan.sch.id/
https://janestrinket.co.id/
https://tangerangmotor.co.id/
https://g4x.co.uk/
https://aahanagroups.com/
https://terraagrofertil.com.br/
https://www.hite-research.com/nauren2023
https://freddypilar.com/
https://excellentnewspaper.com/
https://digitalalmighty.com/
https://tnlin.com/
https://ebookngo.com/
https://gailelaine.com/
https://kazexpert.kz/
https://www.supermaillot.com/
https://amorefitsport.com/
https://aott.com.au/
https://apruebaconnota.org/
https://au11arts.com/
https://binaclass.com/
https://cousinsvape.co.za/
https://c-sun.com.tw/
https://calirunners.shop/
https://djnativus.com/
https://exammatter.com/
https://fatlossfats.com/
https://fercomat.cl/
https://helloginnii.com/
https://heylookielookie.com/
https://hollyorchards.com/
https://getneuenergy.com/
https://geekgadgetshub.com/
https://lederbraun.de/
https://longhealthylives.com/
https://memory-trees.com/
https://newplans.gr/
https://reconstructfit.com/
https://solarandmore.com/
https://thepathmapper.com/
https://timepiececloset.com.au/
https://www.cuffknit.com/
https://stayingfit365.com/
https://dgboutique.site/
https://laronia.fr/
https://maninhorst.nl/
https://pro-dog.ru/
https://man2kolaka.sch.id/
https://dinkes.gresikkab.go.id/
https://hhanif.staff.ugm.ac.id/
https://komipa.ukm.undip.ac.id/
https://kharisma92.ac.id/
https://elkisi.sch.id/
https://dtp.bengkuluprov.go.id/
https://bppbapmaros.kkp.go.id/haloluhkan/
https://inspektorat.mamujutengahkab.go.id/
https://isqsyekhibrahim.ac.id/
https://ilmupolitik.uinsgd.ac.id/
https://kpi.staindirundeng.ac.id/
https://igtkiprovjateng.org//
https://tahfidzulquran.ukm.unair.ac.id/
https://sitazzahra.sch.id/
https://mtsdarussholihin.sch.id/
https://mtsn24jakarta.sch.id/
https://pelita3school.sch.id/
https://waistlinewatcheds.com/
https://selfhackathon.com/
https://gamcapakistan.org.pk/
https://ezdigitalnews.com/
https://advantagechemical.com/
https://afranovintarkhis.com/
https://martinezabogadodeaccidentes.com/
https://isidorotricarico.it/
https://classchalo.com/
https://chroellc.com/
https://newsnetify.com/
slot online
slot gacor 777
deluna188
mail.jenepontokab.go.id
cytotec
akun pro rusia
https://rajawdslot.com/
prada4d
TOP1TOTO
WIFITOTO
TOPJITU
KARTUTOTO
deluna188
rajacukong
nyala 777
nyala777
nyala 777
tembus777
situs resmi deluna188