Last Straw

This Bill was to have its second read­ing in the UK’s House of Lords today. The Bill would make pubic com­pan­ies pub­lish the dif­fer­ence between top dir­ect­ors’ pay and the aver­age wages earned by the low­est paid 10% of their workers.

While a small step it’s laud­able when you con­sider the amount of dam­age income inequal­ity does to soci­ety and its people. It will be use­ful to know which com­pan­ies are doing the most dam­age and which aren’t. And, while it’s a small step, it’s an inter­est­ing Bill in that it makes any­one who opposes it look like a right prat, espe­cially in this eco­nomic climate.

Dick Tav­erne and Miles Tem­pleton dis­cussed the Bill on BBC Radio’s Today pro­gramme this morn­ing. You can listen to it here. Good to hear a House of Lords mem­ber pro­mot­ing income equality.