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Business and Economy
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) 
- Increased their wealth by £253 billion in the past five years (2014 - 2019) 
- 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. 
Fat Cat Friday 2019:
Only Six FTSE CEOs are Women and they Earn 54% of the Salaries of Male Counterparts
Analysis from The Equality Trust shows that the six women CEOs  in the FTSE 100 earned on average (mean) £3,163,300 per year while their male counterparts earned £5,861,510. This translates to women CEOs earning just over half (54%) of their male counterparts.
Large private companies comprise a large and important sector of the UK economy, so we were pleased to make a submission to the FRC's consultation on the Wates Governance Principles. The conclusion of our submission reads as follows:
Commenting on the BEIS announcement on corporate governance and pay ratios, Dr Wanda Wyporska, Executive Director of The Equality Trust said:
“Legislation forcing companies to publish their pay ratios is long overdue, given that a FTSE 100 CEO now earns an average (median) annual pay of £3.45 million , per year, a staggering 242 times more than that of a minimum wage worker.