Responding to the report from the High Pay Centre which reveals top bosses will already have made more money by the first Wednesday of 2017 than the typical UK worker will earn all year, Labour’s London Assembly Economy Spokesperson, Fiona Twycross AM said:
“The pay disparities between the highest and lowest paid staff at these companies is staggering. That it can take bosses just a few days to earn the average UK salary will strike the thousands of Londoners feeling the January squeeze as deeply unfair.
“Every employee should be sharing in their company’s success, whether they manage a department or clean the floors.
“I am calling on all businesses to publish their pay ratios and help to close this unfair pay gap. We must ensure all those who work hard are fairly rewarded.”
Notes to editors
- Fiona Twycross AM is a Londonwide Assembly Member