Commenting on research published today (Monday) by the High Pay Centre - which shows pay inequalities at UK's largest companies remain constant despite the cost of living crisis - TUC General Secretary Paul Nowak said:
“Workers deserve a fairer share of the wealth they create. Too many firms are guilty of feather-bedding those at the top at the expense of the wider workforce.
“At a time when food and energy bills are sky-high there is simply no justification for such huge pay inequality.
“Corporate excess is bad for businesses and bad for Britain – often encouraging short-term risk-taking and greed over longer-term success.
“That’s why it is vital to have workers on company boards to inject some much-needed common sense – and fairness – into boardrooms.”
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