Top UK bosses to earn more by lunchtime today than the average UK worker all year

January is quite much the bleakest month of they year as it's miles. But here's something to make it bleaker. Analysis claims top UK bosses (A.K.A. Fat Cats) will earn extra via lunchtime today than the average UK employee will all year.

Please do be part of us in weeping into our cost-powerful, cellophane-wrapped sandwich a bit later.

According to recent evaluation by way of UK assume-tank High Pay Centre, the average FTSE 100 boss earns extra than £1,000 an hour, calculating that they'll to bypass the common UK salary of £28,2 hundred by way of round midday today.

The think-tank has envisioned that pinnacle bosses earn 129 instances more than their employees, with the head of the High Pay Centre, Stefan Stern, suggesting groups have to be compelled into publishing pay proportions.

"Our new yr calculation isn't designed to make the return to paintings more difficult than it already is," he said. "But 'Fat Cat Wednesday' is an essential reminder of the persevering with trouble of the unfair pay gap in the UK.

"We desire the authorities will comprehend that in addition reform to pay practices are wished if this hole is to be closed."

The alarming findings are aimed to prompt Prime Minister Theresa May to act on her vow to reform capitalism and redress economic grievances underlying final yr's shock Brexit vote.

TUC preferred secretary Frances O'Grady also responded to the analysis, including: "Working people deserve a honest percentage of the wealth they help create. But while the pay of top executives has been rocketing up, the average weekly wage continues to be really worth much less than it became nine years in the past."