as of today, the bosses of britain s biggest companies will have made more money in 2024 so far than the typical worker makes all year. and that pay gap is growing. the average pay of the top ftse 100 chiefs amounts to £3.81 million per year, including pensions according to the think tank, the high pay centre. that s equivalent to wait for it £1,170 an hour 109 times the average worker whose median annual salary is just under £35,000. sorry to upset your lunch or dinner. joining me now is chris roebuck a global leadership expert who has worked in major organisations assessing senior leaders performance. hello, lovely to have you with us on the bbc. that will be tough to swallow, won t it? are those figures justified? i swallow, won t it? are those figures “ustified? ~ , ., swallow, won t it? are those figures ustified? ~ , ., ., ., justified? i think you need to ask the question. justified? i think you need to ask the question, lobbyists - justified? i thin
including pensions according to the think tank, the high pay centre. that s equivalent to wait for it £1,170 an hour 109 times the average worker whose median annual salary isjust under £35,000. chris roebuck is a global leadership expert who has worked in major organisations assessing senior leaders performance. i asked him if these huge payouts are justified. we will come back to that in a moment. but essentially he told me a little bit more about the talent poaching that the city had to be careful of unless they paid the ceos competitive salaries. this is what he told me. well, i think you need to ask the question. lobbyists are saying, yes, they are justified because we need to attract the best ceos to the uk or to keep them here. but, actually, this is not consistent across the world. if you look at some of the data on that ratio. if you say, if we re at 200, the us is at 270, but funnily enough german is only at 136, so the ratio of germany ceo play to empl
that s according to the think tank, the high pay centre who have calculated that the average pay of top bosses will overtake the average full time workers annual pay by 1300 gmt today. joining me now is susannah streeter. happy new year. anybody looking at those and struggling on an annual salary of 34,963, the average, will be aghast. take a through the figures. be aghast. take a through the fiaures. . , be aghast. take a through the fiaures. ., , ., , be aghast. take a through the fiaures. . , ., ,, figures. it really does stick in the craw, figures. it really does stick in the craw. doesn t figures. it really does stick in the craw, doesn t it? figures. it really does stick in the craw, doesn t it? this figures. it really does stick in the craw, doesn t it? this has - figures. it really does stick in the i craw, doesn t it? this has come out today and at a time when the cost of living crisis is still swelling in the uk and the ftse 100 has also the uk and the ftse10
the washington declaration aimed at deterring an attack on seoul. the bbc s seoul correspondent jean mackenzie explained what this agreement involves. so this deal is the us stepping up its commitment to use nuclear weapons to defend south korea from north korea. you know, the us is responsible for south korea s defence and are always up implied it would use nuclear weapons if necessary but recently people here in seoul have questioned that commitment and they needed part of its submarines, armed with nuclear weapons to the peninsular. it will be stationed here continually but it will come periodically. they will form the joint nuclear planning group and this allows south korea to be more involved in understanding how and when the us would use its nuclear weapons. politicians here essentially have been kept in the dark with little understanding of what would actually trigger the us president to trigger the nuclear button on its behalf, but in return for these us commitmen
means a commute that should normally take 50 minutes actually takes more like three hours. and its taking a toll on workers productivity and mental health. nkechi ogbonna reports. cockerel crows. the cock crows at dawn. the sun is yet to rise amidst the still humid air of this suburb of lagos, nigeria s commercial hub. youssef rises up to get ready in time for the 50 minute commute to his office. he works as a bbcjournalist. but like many commuters who live in africa s most populous city, this journey could take up to three hours. i have a slight headache at the moment. i had to wake early and it is another day where i did not get to see my son.