Tuesday, 1 November 2011

'Occupy LSX' protest has finger on pulse of UK pay gap

"The research shows that if you want to do something about rebalancing inequality you have to take on the financial sector, and that what we're seeing in the Occupy protests," comments Jonathan Portes, director of the National Institute for Economic and Social Research, on research which shows that the very highest earners have seen the fastest growth in their wages, with the top 1 percent's pay packet growing 68 percent faster than that of the median earner from 1977 to 2002: http://uk.reuters.com/article/2011/11/01/uk-britain-inequality-idUKTRE7A000T20111101