Top bosses in UK earn £5.5m on average

The average pay of bosses in Britain’s Ftse 100 rose more than 10% in 2015 to an average of £5.5m (€6.48m), according to a survey that is likely to reinforce a drive by UK prime minister Theresa May to curb excessive pay.

Britain’s new prime minister has denounced as irrational and unhealthy the yawning gap between the amounts paid to bosses and those paid to the average worker, vowing to better align incentives with the interests of companies.

A survey by the High Pay Centre said the average Ftse 100 chief executive’s pay package hit £5.48m in 2015, up from £4.96m in 2014, meaning CEOs now earn 140 times more than their employees on average.