Wednesday 21 August 2019 / 1:00 AM Economy / John McDonnell

John McDonnell comments on High Pay Centre research showing it would take a worker 117 years to earn a CEO’s salary

John McDonnell MP, Labour’s Shadow Chancellor, commenting on High Pay Centre research showing it would take a worker 117 years to earn a CEO’s salary, said:

“Years of believing the market knows best has caused the grotesque levels of inequality we see today.

“In the same year that the United Nations rapporteur found that UK government policies have caused misery and hardship for millions, pay at the top continues to soar beyond anything most people could ever dream of earning.

“Labour will tackle the scourge of high pay while introducing a £10 Real Living Wage as part of our pledge to end in-work poverty in a Parliament.”