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
just ahead on cnn newsroom mr. president a decision on whether to seek an indictment is very close at hand and frankly it is quite likely here. we re not out of the woods with the winter storms and this is a big one. we re looking at this as a big event. all four of the americans who were kidnapped are back on u.s. soil. we heard gunshots and there were 12 continuous shots. we saw people being taken away in black bags. liver from london, this is cnn newsroom with max foster and bianca nobilo. it is friday, march 10. this 4:00 a.m. in new york where donald trump may be just a short time away to become the first former president ever to be criminally indicted. the district attorney s office recently offered him one final chance to testify next week. that would be before the grand jury hearing evidence in the stormy daniels hush money case. according to the ti times, in almost always indicates an indictment is close. the investigation centers on $130,0
about republicans looking into his corrupt son hunter. the public isn t going to pay attention to that, they want these guys to do something. the only thing they could do is make up things about my family, it s not going to go very far. jeanine: but in reality there is bipartisan support to look into the slimy first sodden. 61% support an investigation. then there s that giant chinese spy balloon we just learned some startling new details. the spy craft contained multiple antennas that were capable of collecting communications. but apparently biden thinks it s no harm, no foul. have relations now between the u.s. and china taken a big hit no. no. how do you know? i know, i talked to them. i talked to xi jinping before and talks with other people, i didn t talk to them during this. jeanine: president biden downplaying his document to scandal the only way he knows how, by throwing his staff under the bus. dave informed me not to speak of this issue and to anyway
cnn white house correspondent arlette saenz joins us now, so, arlette, the president has not announced that he s running for election. but there s some expectation that this speech is going to have the tone of a campaign speech. reporter: well, victor, take a look at where president biden decided to unveil this election, that s in the battle ground state of pennsylvania which would be critical to the upcoming election look, the presidential advisers are aware that the budget as proposed is unlikely to go anywhere up on capitol hill. but it does offer the president an opportunity to really lay out what s at stake for both the policy and political battles ahead, especially when you think of the fight, the looming fight, over the debt ceiling expected to play out over the coming month. the omb director shalanda young calls it a healthy start to the conversation. and ultimately, it lays out what president biden values. taking a look at what this budget entails. the president is
Could be under threat. Let us know, do you buy fair trade goods to do good or really just to feel good . Just use the hashtag bbcbizlive. Hello and welcome to Business Live. The Japanese Company behind the biggest recall in Car Making History has filed for bankruptcy. Takatas airbags were first found to be faulty in 200a. They were used by 13 of the worlds biggest car makers who have all agreed to Bankruptcy Proceedings in courts in both tokyo and the us. This ceo ta kata this ceo takata said this morning he would step down. Worldwide more than 100 million takata airbags, which can rupture with deadly force and spray shrapnel at passengers, have been recalled. The faulty airbags have been linked to at least 17 deaths and more than 100 injuries worldwide. Its all been an expensive saga. 9 billion is the estimated cost according to japans nikkei newspaper. The firm key Safety Systems has now bought all of takatas assets except those relating to the faulty airbags for almost 1. 6 billion.