Unbiased AI-powered news
The Independent reported the pay gap between FTSE 100 chief executives and workers widened to 130:1. Median executive pay rose 8.6 percent to £5.06 million.
The IndependentThe median pay ratio between FTSE 100 chief executives and their workers reached 130:1, the widest level in eight years, The Independent reported. The figure increased from 124:1 the previous year as median FTSE 100 CEO pay climbed to £5.06 million, an 8.6 percent rise from £4.66 million in 2024/25.
Companies in the index spent more than £850 million on executive remuneration during the period, marking the fourth consecutive year of growth in such pay.
Andrew Speke, interim director of the High Pay Centre, which produced the data, said the widening gap should serve as a wake-up call. He added that executive pay growth now substantially outstrips gains for workers. Separate research from the Work Foundation showed one in eight employers made redundancies in the past year while real wages began to stagnate, with one in two UK adults expressing worry about employment, up 13 percentage points from a year earlier.
Aman Navani, a senior researcher at the Work Foundation, said the new prime minister takes office as public concern over job security rises.
Single source — no framing comparison available.
news.sky.comThe Irish carrier cut fares to offset weaker bookings as jet fuel costs rose after U.S. and Israeli strikes on Iran. Revenue edged higher while passenger numbers increased 6 percent.
Nbc NewsThe U.S. Food and Drug Administration reversed its July 18 finding after laboratory experts re-reviewed results. No confirmed positive samples have been identified as of July 19. Taylor Farms had recalled products from central Mexico as a precaution.
nypost.comA new CNBC All-America Economic Survey shows 49% of registered voters view federal ownership stakes in U.S. companies as inappropriate. The results arrive as the Trump administration pursues equity positions tied to grants and national security deals.