TAKIN’ THE PURRS
Fatcat bosses trouser year’s pay in 3 days!
FATCAT bosses have already pocketed more money in 2026 than the average UK worker will make in the whole year.
Chiefs heading up the UK’s top 100 firms earn around £4.4million – 113 times more than the typical full-time worker’s £39k salary.
It means they would have earned more than most of us will make in 2026 by doing just three days’ work since New Year.
Andrew Speke, of research think tank The High Pay Centre, said this exposes a “huge gulf” in how the graft of most folk is valued compared to a small number of bigwigs.
He added: “The idea that executives, as a class, are individually contributing over 100 times more in value than the workers they rely on is simply not credible.”
The body calculated the figures based on salary disclosures in companies’ annual reports and government statistics.
The High Pay Centre and unions hope the Employment Rights Act, granted Royal Assent in December, will help close the earnings gap.
GMB union boss Andy Prendergast said: “Fatcats are still creaming it in.
“That’s why the Employment Rights Act is so crucial – to give workers a level playing field to get the pay they deserve.”