Inequality in pay between the rich and the rest is a major driver of overall economic inequality in the UK.

On average, the Chief Executive Officers (CEOs) of the UK’s largest one hundred companies (the FTSE 100) take home around 190 times what the average employee takes home.

This results in the UK being one of the most unequal countries in the developed world and there is, rightly, great concern about excessive rewards at the top end of the pay scale compared to the amounts most people take home.