as of today, the bosses of britain s biggest companies will have made more money in 2024 so far than the typical worker makes all year. and that pay gap is growing. the average pay of the top ftse 100 chiefs amounts to £3.81 million per year, including pensions according to the think tank, the high pay centre. that s equivalent to wait for it £1,170 an hour 109 times the average worker whose median annual salary is just under £35,000. sorry to upset your lunch or dinner. joining me now is chris roebuck a global leadership expert who has worked in major organisations assessing senior leaders performance. hello, lovely to have you with us on the bbc. that will be tough to swallow, won t it? are those figures justified? i swallow, won t it? are those figures “ustified? ~ , ., swallow, won t it? are those figures ustified? ~ , ., ., ., justified? i think you need to ask the question. justified? i think you need to ask the question, lobbyists - justified? i thin
that s according to the think tank, the high pay centre who have calculated that the average pay of top bosses will overtake the average full time workers annual pay by 1300 gmt today. joining me now is susannah streeter. happy new year. anybody looking at those and struggling on an annual salary of 34,963, the average, will be aghast. take a through the figures. be aghast. take a through the fiaures. . , be aghast. take a through the fiaures. ., , ., , be aghast. take a through the fiaures. . , ., ,, figures. it really does stick in the craw, figures. it really does stick in the craw. doesn t figures. it really does stick in the craw, doesn t it? figures. it really does stick in the craw, doesn t it? this figures. it really does stick in the craw, doesn t it? this has - figures. it really does stick in the i craw, doesn t it? this has come out today and at a time when the cost of living crisis is still swelling in the uk and the ftse 100 has also the uk and the ftse10
if you have joined if you havejoined us, you are welcome and we are looking at the top business stories. we start here in the uk, where there is some relief for millions of people facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages as financial markets bet the bank of england will soon begin to cut interest rates from their 15 year high. from today banking giant hsbc becomes the first major lender to bring back mortgages below 4% since last march. it comes as rival halifax slashed almost a percentage point off some of its mortgage rates this week. and it s raised hopes of a price war between banks. hsbc is offering a five year fixed rate mortgage at 3.94%. it s only available to people remortgaging their home not to first time buyers. but it s far below rates of almost 6.5% that borrowers were facing just a few months ago. and it will be a welcome development for many uk households as our cost of living correspondent kevin peach
The rower Katherine Grainger is made a dame by the queen. Schatz. And coming up in the sport on bbc news asenal will have to make Champions League history tonight, if they are going to overturn a four goal first leg deficit against Bayern Munich at the emirates. Good afternoon and welcome to the bbc news at one. Facebook has been strongly criticised after a bbc investigation found it is still failing to remove inappropriate and sexualised images of children. After a series of Sexually Suggestive pictures and comments were reported to the social networking site, more than 80 of them still remained online. The nspcc described facebooks response as appalling. Facebook says it takes the matter extremely seriously and is continuing to improve its system of removing such content. Our correspondent Angus Crawford reports. The rules are simple. Facebook says it removes nudity or Sexually Suggestive content. But our investigation last year found paedophiles using secret groups to swap obscene i
Taken a dramatic turn, with poachers slaughtering a rhino for its horn at a Wildlife Park in paris. A coroner has ruled that the singer George Michael died of Natural Causes, including heart and liver disease. Its 5. 00pm. A very good afternoon to you. Our top story is that the government is facing another defeat in the House Of Lords over its plans for britain to leave the european union. Peers are due to vote this evening on an amendment to the brexit bill, calling for parliament to be given A Meaningful Vote on any final deal. Our chief Political Correspondent vicki young is at westminster. The lords and ladies have been debating this throughout the day. How was it looking as far as they are concerned and the government is concerned . Remember that have already inflicted a defeat on the government over the rights of the eu citizens and this has been debated already House Of Commons and their was heated debate but there was no damage, no defeat inflicted on the government. That is no