The TUC has put directors pay on the agenda again after noting the growth rate in income differntials are speeding up, reports The Times .
According to its figures, directors who earned £100 in 2000 now earn £205 ex-inflation, but employees have only moved from £100 to £106 on a similar basis. The numbers are based on analysis of official pay figures. With the City looking at doling out a record £9bn in bonuses this season, the TUC's general secretary Brendan Barber says the issue should be of concern to middle-income earners too, not least because a large chunk of those bonuses will go into the housing market, making it increasingly unaffordable for those on average incomes. Looking ahead, The Times notes unions are l...
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