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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? ....
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 ....
On foreign factories. michelle, thank you very on foreign factories. michelle, thank you very much - on foreign factories. michelle, thank you very much indeed. i on foreign factories. michelle, - thank you very much indeed. michelle fleury there. let s stay in the us because spacex the rocket company run by multi billionaire, elon musk is in trouble with labour authorities. it s being accused of unlawfully firing eight workers who were critical of mr musk. 0ur reporterjoao da silva has the details. this complaint started with an open letter addressed to spacex s executives in 2022. the letter focused on a series of tweets by elon musk, some of which were sexually suggestive. in the letter, the employees accused mr musk of being a distraction and an embarrassment. they said the ceo s statements were not in line with the space company s own policies on diversity and workplace misconduct. now, according to the complaint that has been filed with this us labour agency, before lawfu ....
In december when they issued projections as to where the rates are going in 2024, and that suggested probably three rate cuts between now and the end of this year. the markets themselves are looking for somewhere along the line of six rate cuts. i don t think they are going to get that but where they meet in between is going to be extremely important. the economy is holding up well. gdp now, which is put out by the federal reserve in atlanta, suggests the economy is growing at 2.5% clip, it grew 4.9% in the three months that ended in october. so we are a long way from recession. and i think, if thejob market can hold up, and inflation can continue to slow as it has been doing, the fed can delicately cut rates at a quarter of a point at a time and not really cause too much disruption. let s stay in the us because spacex the rocket company run by multi billionaire, elon musk is in trouble with labour authorities. it s being accused of unlawfully firing eight workers who were critic ....
That was sacked has issued a statement through her lawyers saying spacex has toxic culture, where harassment, particularly harassment against women, is tolerated. for its part, spacex has yet to publicly comment on any of this, but if mr musk s company does not settle the case and if this federal agency finds that the firings violated labour law, it can order that workers be reinstated and given back pay. so we will have to see how this plays out going forward, but it must be noted that this is farfrom being an isolated case, whether it s the social media firm x, the ev maker tesla and now spacex, all of these companies of mr musk have faced accusations of violating workers rights. to lagos, nigeria now one of the world s fastest growing cities known for its large population, high concentraion of vehicles and industrial pollution. like many other major cities in africa, ....