Capitalist "fat cat" CEOs from the top 100 listed British companies received an average 16% pay rise last year while millions of British people faced eviction, homelessness, unemployment, and visits to food banks. The average pay increase for bosses from FTSE 100 companies was £500,000, taking their median annual pay from £3.4 million in 2021 to £3.9 million according to the High Pay Centre think tank. Pascal Soriot from drug company AstraZeneca collected a whopping £15.3 million. Charles Woodburn from arms manufacturer BAE Systems earned £10.7 million while former BP boss Ben van Beurden took home £9.7 million.

The median pay of FTSE 100 bosses is now 118 times that of the median British full-time worker. According to the Office for National Statistics the average UK salary for full £33,000. Read on to find out how this capitalist greed is destroying the social fabric of the UK.

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#Capitalism #England #Exploitation