"An annual review by Income Data Services showed that the median total earnings of the chief executives of the FTSE 100 companies - the UK's 100 largest quoted companies - in the financial year 2005/06 was £2m, up 20pc on the previous year.
By contrast, the gross median pay for full-time British employees in April 2006 was £23,600, up a mere 3pc on the previous year. So the typical FTSE 100 boss earned 75.2 times what the typical employee was paid - and just one year's pay rise for that typical boss was £400,000, equivalent to 17 times the total pay of the typical employee."
Robert Peston, Daily Telegraph
Which only goes to show that UK CEO's are finally catching up with their US counterparts. Maybe it won;t be long before we see some colossal US-style bankruptcies over here as well! Pip! Pip!
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