Top pay out of control, says report

AOL Money Staff
Businessman outside the Occupy London Stock Exchange protest
Businessman outside the Occupy London Stock Exchange protest

Most people believe pay and bonuses for top executives are "out of control", according to a new study to coincide with a report which described excessive high pay as "corrosive" to the economy.


A year-long inquiry by the High Pay Commission has revealed that the pay of top executives had soared by more than 4,000% in the last 30 years, undermining productivity and "damaging" trust in British business. The report criticised "stratospheric" pay increases which have seen wealth flow upwards to the top 0.1% of people in the UK.