Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/722/14688

From The Socialist newspaper, 13 June 2012

Them & Us


Top pay still on the rise

Yet another survey has shown that executive pay continues to soar. In 25% of FTSE 100 companies, executive pay has gone up by more than 41% in the last year. The highest paid chief executive is Barclay's Bob Diamond who got 20.9 million last year.

Despite this, business secretary Vince Cable thinks this is a good time to be watering down measures to limit pay. He has decided to scrap plans to force an annual binding vote on chief executive's pay because it would add too much 'bureaucracy'.


Every little helps

Apparently one sector is currently experiencing a surge of business - luxury concierge services. These concierges have to do... whatever they're told. They open doors, they greet friends, they book high-end restaurants, they 'make things happen'.

One company arranged a 250,000 shopping spree including closing a series of designer stores for more privacy for their client. Another regular request is to make clients' wives burst into tears of happiness. The cost? A 5,000 a month retainer plus all other associated costs.


Changing high streets

The number of pawnbrokers, pay day loan lenders and betting shops on our high streets has increased by 25% since 2008. The number of vacant shops has trebled in the same period.

The pawnbroking industry is now worth 500 million a year. Strapped-for-cash people are using jewellery and designer handbags as collateral for loans.

And it seems people of a variety of backgrounds are turning towards this trend - there are now a series of companies aiming at people who are "asset rich but cash poor" allowing them to raise between 1,000 and 1 million using antiques, fine art, luxury wine and even yachts as security. Is this what Osborne means by 'all in this together'?

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 13 June 2012:


Socialist Party news and analysis

No to austerity! - Turn anger into action

NSSN conference agrees call for one-day general strike against austerity

Leveson: contradictions and a crisis of credibility

No to local government pensions deal

The class divide in elderly care

Fast news

Them & Us


Socialist Party youth and students

Youth Fight for Jobs national meeting

My workfare nightmare

From pillar to post: reassessment for ESA

Super-rich Beecroft targets workers' rights


International socialist news and analysis

Spain: bank bailout can't stop Euro death-spiral

Wisconsin Recall: Democrats paved the way for Walker's victory

Kazakhstan: Oil workers jailed by rotten regime

International day of support for political prisoners in Iran

Threat from far-right in Greece: Time to build defence committees


Socialist Party reports and campaigns

Tamil protest scores victory as Rajapaksa cancels speaking engagement

Bolton Uni: Reinstate Shana Begum!

Greece comes to Southampton

Olympic's sponsor exploits workers

West Lancs Against Cuts


Socialist Party workplace news

Sheffield recycling centre strikers supported by 90% of public

Council admin workers in Kirklees strike against cuts

Olympics - a fair deal for transport workers

Coryton refinery closure protests

Striking against academies

Workplace news in brief


 

Home   |   The Socialist 13 June 2012   |   Join the Socialist Party

Subscribe   |   Donate   |   PDF  




Related links:

Pay:

triangleHackney school cleaners strike

triangleSalford Socialist Party: Pay Up Now - Public sector workers need a pay rise!

triangleStrike wins biggest pay rise in ten years

triangleThem & Us

triangleTeacher recruitment falls by a third - cut workload, not funding

Rich:

triangleWidening wealth gap, increase in poverty...make the fat cats pay

triangleThem & Us

triangleTrump's tax attacks

triangle'Paradise' for billionaires - austerity for us

Art:

triangleArt can help expose sexual harassment

triangleBristol North Socialist Party: 'Bad Art' - socialist struggle in the arts

triangleSkipton show proves draw of socialist art

News and socialist analysis

News and socialist analysis

17/1/18

Labour

Corbyn's Labour needs 100% anti-cuts strategy and fight for democracy

17/1/18

Trump

Victory! Trump's UK visit cancelled by fear of protests

17/1/18

NHS

NHS crisis: under pressure from all angles - end cuts and sell-offs!

15/1/18

Carillion

Carillion crisis: demand action to save jobs and services

10/1/18

Tories

Cabinet chaos as shambolic reshuffle underlines Theresa May's impotence

10/1/18

NHS

Sustained mass movement needed to stop Tories wrecking our NHS

10/1/18

Education

Bigot Toby Young quits - now scrap the new uni regulator driving privatisation

10/1/18

Them & Us

Them & Us

10/1/18

Teachers

Teacher recruitment falls by a third - cut workload, not funding

3/1/18

Fire service

Fire service victory

3/1/18

Fares

Rail: fares up, bosses' pay up - delays and cancellations up

3/1/18

Higher Education

Mobilise against rip-off executive pay

3/1/18

Virgin

NHS in winter crisis as Branson creams off 1bn

3/1/18

Homes

Thousands live in tents and sheds - seize empty homes

3/1/18

Fat cats

Widening wealth gap, increase in poverty...make the fat cats pay

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle17 Jan Corbyn's Labour needs 100% anti-cuts strategy and fight for democracy

triangle17 Jan NHS crisis: under pressure from all angles - end cuts and sell-offs!

triangle17 Jan We must fight all council cuts!

triangle16 Jan Home care workers to strike

triangle15 Jan Carillion crisis: Demand action to save jobs and services

triangle12 Jan Outrage against 'monster block' plan

triangle12 Jan Mini-strike wave continues and intensifies

More ...

triangle18 Jan Waltham Forest Socialist Party: How do we get Corbyn's policies into Waltham Forest council?

triangle18 Jan Southampton Socialist Party: Is there a global nuclear threat?

triangle18 Jan Swansea Socialist Party: Is there a threat of nuclear war?

triangle18 Jan Cardiff East Socialist Party: Building Socialism in Cardiff East

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2