Another pay rise for top execs will leave voters angry – but addressing low pay is important too
Twenty four hours after the Guardian and some other newspapers, including the money class’s own Financial Times, put the 10% pay rise for FTSE 100 chief executives on Monday’s front page, I went back to the pink ’un to check the fallout. Not much yet, except one encouraging straw in the wind. I’ll come back to that.
On this occasion the Daily Mail didn’t have much room for the High Pay Centre’s latest update. It devoted more space (yet again) to the excessive scale of gongs and goodbye handshakes being paid to David Cameron’s outgoing staff at No 10, but also to its own exposé of excessive pay, perks and long holidays of taxpayer-funded chief constables and their top teams. Roy Greenslade, tabloid editor turned professor, explains why readers love it.
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Sig Nordal 