[Quinny]

The typical pay of bosses at the majority of the UK's largest publicly listed companies rose by only 11% last year to £3.65m, according to research done on behalf of the BBC.

Pay at firms in the UK in general rose by just 1.1%, according to the Manifest calculations.

While pay rose at big corporations for chief executives and executive chairmen, shares of FTSE 100 firms shed 6.6% of their value last year.

Nice to see the austerity is being shared fairly. :sarcasm off

http://www.bbc.co.uk/news/business-17996094

[EnergyUnlimited]

The typical pay of bosses at the majority of the UK's largest publicly listed companies rose by only 11% last year to £3.65m, according to research done on behalf of the BBC.

Presumably they don't really know, what to do with bailout money.

[Serial_Worrier]

The typical pay of bosses at the majority of the UK's largest publicly listed companies rose by only 11% last year to £3.65m, according to research done on behalf of the BBC.

Pay at firms in the UK in general rose by just 1.1%, according to the Manifest calculations.

While pay rose at big corporations for chief executives and executive chairmen, shares of FTSE 100 firms shed 6.6% of their value last year.

Nice to see the austerity is being shared fairly. :sarcasm off

http://www.bbc.co.uk/news/business-17996094

There is private vs public sector austerity. There has been massive austerity in the private sector since 2008. In government, not so much except at the level of US state governments that have laid off teachers, firemen, policemen but not administrators.

[Westfield]

There is a glimmer of hope though with the recent shareholder revolts about excessive pay. One can only hope this continues and that the government makes the votes binding.

[Serial_Worrier]

There is a glimmer of hope though with the recent shareholder revolts about excessive pay. One can only hope this continues and that the government makes the votes binding.

I don't see the problem with shareholders revolting against unwarranted executive pay. I have a problem with the government stepping in and deciding these matters. It's none of their business.

[davep]

I have a problem with the government stepping in and deciding these matters. It's none of their business.

Did you have a problem with Goverments bailing out banks after the derivatives fiasco?

[careinke]

I have a problem with the government stepping in and deciding these matters. It's none of their business.

Did you have a problem with Goverments bailing out banks after the derivatives fiasco?

I did.

[davep]

I have a problem with the government stepping in and deciding these matters. It's none of their business.

Did you have a problem with Goverments bailing out banks after the derivatives fiasco?

I did.

So in reality, it is now their business.

[Quinny]

The typical pay of bosses at the majority of the UK's largest publicly listed companies rose by only 11% last year to £3.65m, according to research done on behalf of the BBC.

Pay at firms in the UK in general rose by just 1.1%, according to the Manifest calculations.

While pay rose at big corporations for chief executives and executive chairmen, shares of FTSE 100 firms shed 6.6% of their value last year.

Nice to see the austerity is being shared fairly. :sarcasm off

http://www.bbc.co.uk/news/business-17996094

There is private vs public sector austerity. There has been massive austerity in the private sector since 2008. In government, not so much except at the level of US state governments that have laid off teachers, firemen, policemen but not administrators.

but no austerity for the executives... It's disgraceful

[JPL]

Hi Quinny (long time no see!)

I have thought this for some years now, that resource depletion was eventually going to end up as a dream come true for certain powers at the top. Basically, a chance to prove that they were right and everyone else was wrong.

I still think this is the case and little I have seen in recent years proves otherwise. Welcome to my future...

JP

[Quinny]

Hi JP

TPTB are certainly playing the divide and rule card well. LMFAO watching Question Time the other week where some people are still arguing/voting on an aspirational basis rather than getting real.

You still Southwest?

[JPL]

Hi JP

You still Southwest?

Hi Quinny

Yea still here in Tiverton (groan). I'm back in software though, which is pretty cool (proves I can still do it!)

I've got a facebook page http://www.facebook.com/johnjpl - if you have an account, 'friend' me & we'll talk some more.

Take care mate,

John