'Fat cat Wednesday' for executives

Press Association
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business success man with...

Top executives will have earned more money by mid-morning today than the average worker does in a year, making it "fat cat Wednesday", according to a new report.

The High Pay Centre think tank said chief executives in the FTSE 100 were paid an average of almost £4.3 million in 2012, equivalent to an hourly wage of well over £1,000, compared with the country's average annual wage of £26,000.
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