Over the last couple of years I’ve campaigned with MPs and charities to regulate unscrupulous payday lending, and with some success. But we haven’t tackled the underlying problem. The harsh truth is that too many people simply can’t make it from one payday to the next. The economic model introduced by Margaret Thatcher, with reducing labour costs at its heart, reversed a...
Pay for those at the top of our society continues to rise inexorably while average incomes stagnate. The gap between the remuneration of the so-called “super-managers” who run our top businesses and everyone else, is getting ever wider.
A chief executive...
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