January 21st in Uncategorized by Editor .

Want More Money? Head to the Public Sector

The Office for National Statistics said average earnings in the private sector fell by 0.1 per cent in the three months to November compared to last year. Whilst the public sector parties on…

Charles Tyrwhitt UK
 

A report by PwC shows directors of FTSE 100 companies received a base pay increase of one per cent last year, below the national average increase of 2.5 per cent and bonus payments decreased by 20 per cent.

Executives in the FTSE 250 did even worse, with the average salary frozen.

The balooning public sector on the other hand are getting stuck in like it was 2007 – pay rose by 3.8 per cent.

Too much of this and Britannia will have to swap her trident for a sickle and hammer.

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