Stewart Paterson: Wage restraint only applies to the workers as bosses and MPs enjoy healthy increases

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Stewart Paterson: Wage restraint only applies to the workers as bosses and MPs enjoy healthy increases
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'It is not pay rises that are unaffordable. It is basic essentials like food, heating and fuel that is becoming unaffordable.' | patersonHT ✍️

and radio studios to warn of impending economic doom.Petrol and diesel prices are rocketing and the cost of gas and electricity is out of control for too many households.

Millions have been in a permanent economic crisis, but successive tory Governments and chancellors have not just ignored that but have pursued policies that have created it and exacerbated it. The increase alone will cover the expected total cost of household fuel bills as the cap for the average bill is set at £1971.In fact, looking at the last 12 years, since the Conservatives took office, the pay for MPs has increased by 28%, from £65,738 in 2010.No one in Government warned that to keep giving MPs more money was unaffordable and would lead to an economic crisis.

According to the High Pay Centre, earnings for the biggest of the big bosses is on the up again after a brief period of reflection during the pandemic.For the lowest 25% of workers in the organisation the top boss pay was 93 times higher.Yes, the bosses of the companies where prices are rocketing at the checkout causing misery for households have a gap where CEO pay is 113 times higher than the average wage of their workers.

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