In the past 30 years, we have seen the bulk of the rewards from Britain's economic success channelled to the very top of the income distribution.
Now that we are in tougher times, people are asking why that happened and what can be done about it. I am keen to be very much part of that debate.
As a journalist I wrote about top pay for most of my career and it just went on getting higher. At the High Pay Centre we now want to see how that trend can be reversed.
When august bodies such as the World Bank and IMF are calling on governments to address inequality as it is hampering recovery, it is imperative to do something about it.
Over the coming weeks, months and years, the High Pay Centre will inform the debate through high quality research on what is fair pay at the top and, more fundamentally, what is the business model that gets us there.
Director (2011 - 2015)
I agree and have little to add.
The work continues.
We need leaders to exercise some restraint and set a better example.
Director (2015 - )
Since 1 January 2017 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Welcome common sense on pay ratios
High Pay Centre statement on the Conservative party manifesto
- Election 2017: statement on Labour manifesto
The Labour Party is proposing an "Excessive Pay Levy" on businesses offering very large salaries
- Full text of joint CIPD/HPC submission to UK BEIS department Feb 2017
This unprecedented joint submission signifies the importance of this moment: an opportunity to make meaningful, lasting reforms to executive pay and boardroom culture and practice