Business and Economy

Fat Cat FTSE CEOs creamed off 212 times more than a minimum wage worker

The Equality Trust’s analysis shows that the average CEO took home 90 times the salary paid to a senior teacher, 186 times the salary paid to a carer and 212 times the salary earned by a minimum wage worker. Based on figures released by the CIPD and High Pay Centre, the average FTSE 100 CEO was paid £3.46m in 2018, earning the average wage before 5pm on Monday 6th January.

Dr Wanda Wyporska, Executive Director, The Equality Trust commented:

Calling all women - calculate your potential lifetime earnings loss

Women lose hundreds of thousands of pounds over their working lives, says The Equality Trust.

The Equality Trust released its lifetime loss calculator today to mark Equal Pay Month, highlighting the long term effects of the gender pay gap for women. Based on the current figures reported under the gender pay gap regulations, women working at companies with a gender pay gap are set to lose up to hundreds of thousands of pounds over a working lifetime of 45 years.

A Nation of Ferraris and Foodbanks - UK Rich Increase Wealth by £253 Billion Over Five Years

Analysis by The Equality Trust can, today, reveal that the richest 1,000 people in the UK have:

  • Increased their wealth by £47.8 billion in the past year alone (2018 - 2019) [1]
  • Increased their wealth by £253 billion in the past five years (2014 - 2019) [2]
  • Increased their total wealth to the staggering sum of £771.3  billion, which is significantly more than the poorest 40% of households combined on £567 billion. [3]