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The Latest Breaking News from Luke Hildyard

US consumer sentiment falls as tariffs drive up inflation fears; Number of UK billionaires drops – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Nearly half of Smith & Nephew investors revolt against CEO pay rise

Medical device manufacturer’s policy ultimately passed, making maximum payout for Deepak Nath $11.8m

The Guardian - UK

When £17m isn’t enough: FTSE firms plead to pay bosses millions more

Confronted by the huge salaries on offer in the US, London boardrooms are lobbying to be allowed to make their own bosses even wealthier

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

The Guardian - UK

Fat cat bosses enjoy £500m pay rise as CEO salaries soar during cost of living crisis

Britain now ‘land of grotesque extremes’, say unions as wage gap widens

The Independent UK

Pay for top bosses jumps 16% as wider wages behind inflation – think tank

Median pay for a FTSE 100 CEO increased from £3.41 million in 2021 to £3.91 million in 2022, the High Pay Centre said.

The Independent UK

Top bosses ‘earn more by Thursday afternoon than average worker will make in year’

High Pay Centre data suggested that FTSE 100 company chiefs would have earned an average of £33,000 by 2pm.

The Independent UK

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Meet Britain's 10 highest paid fat cats who pocketed more than £100m last year

That means they are now getting 109 times more in their wage slips than the typical British worker - up from 79 times in the previous year

Daily Mirror

Rishi Sunak and Akshata Murty join UK rich list with combined £730m fortune

Chancellor becomes first frontline politician in Sunday Times rankings – days after telling people ‘next few months will be tough’

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