Britain | Executive pain

Pay for bosses in Britain falls far behind America. Tough luck

Is London suffering because bosses there are paid too little?

An employee views a FTSE share index board in the atrium of the London Stock Exchange.
Image: Getty Images

BRITAIN’S BOSSES are in a funk. Last year, one-tenth of the CEOs running FTSE 350 companies stood down, more than double the tally for 2021. The number of listed companies in London has fallen by two-fifths since 2008. Some of the country’s most treasured companies, such as Arm, a chip designer, are defecting to Wall Street.

This article appeared in the Britain section of the print edition under the headline “Nothing to whinge about”

From the June 24th 2023 edition

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