UK bosses earn 130 times average

The article reports that top executives of Britain’s largest companies received record pay last year, with median CEO earnings reaching a historic high and the pay gap with workers widening to its largest in eight years. Pascal Soriot, CEO of AstraZeneca, was the highest-paid boss, earning £17.7 million. The High Pay Centre highlights that CEO pay has increased significantly, now averaging £5.06 million, while the ratio of executive to worker pay has risen to 130 times, fueling concerns over economic inequality.

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