Economics News: 10% Surge in CEO Pay in the UK

By 1pm on Thursday 4th January, median FTSE 100 CEO’s earnings for 2024 will surpass the median annual salary for a full-time worker in the UK. Median FTSE 100 CEO pay (excluding pension) now stands at £3.81 million, 109 times the median full-time worker’s pay of £34,963. This is a rise of 9.5% over the last year. Last year the UK government scrapped the cap on bankers' bonuses. Is it time once again to revisit the debate over capping CEO earnings?

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