Early day motion 754

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WAGE INEQUALITY

That this House notes that the average FTSE 100 CEO is now paid 143 times as much as their average employee; recalls that as recently as 1998 this ratio was only 47 to 1; further notes that in some cases in the UK this ratio is now as high as 800 to 1; is aware that this is happening at a time when average wages are little better than stagnant; is concerned that such inequality damages the social fabric and indeed democracy itself; believes that such inequalities, which have only recently developed, have no economic justification; further notes that the High Pay Centre has called for a debate on more radical measures to address the widening income discrepancy in the UK, including introducing a maximum pay ratio and appointing workers' representatives to company boards; commends Switzerland for offering its people a vote, in November 2013, on capping executive pay at 12 times what the lowest-paid worker at a company received; and urges the Government to consider measures that would reduce such gross inequalities in the future.

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Total number of signatures: 32

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Showing 32 out of 32

Name Party Constituency Date Signed
Anderson, David Labour Party Blaydon 05.02.2015
Bayley, Hugh Labour Party York Central 23.02.2015
Caton, Martin Labour Party Gower 12.02.2015
Clark, Katy Labour Party North Ayrshire and Arran 23.02.2015
Connarty, Michael Labour Party Linlithgow and East Falkirk 10.03.2015
Crausby, David Labour Party Bolton North East 10.02.2015
Doran, Frank Labour Party Aberdeen North 12.02.2015
Durkan, Mark Social Democratic and Labour Party Foyle 04.02.2015
Edwards, Jonathan Plaid Cymru Carmarthen East and Dinefwr 10.02.2015
Galloway, George Respect Bradford West 11.02.2015
Glindon, Mary Labour Party North Tyneside 12.02.2015
Hancock, Mike INDEPENDENT Portsmouth South 10.02.2015
Hood, Jim Labour Party Lanark and Hamilton East 09.02.2015
Howarth, George Labour Party Knowsley 11.02.2015
Lavery, Ian Labour Party Wansbeck 11.02.2015
Leech, John Liberal Democrats Manchester Withington 11.02.2015
Lucas, Caroline Green Party Brighton Pavilion 03.03.2015
McCrea, Dr William Democratic Unionist Party South Antrim 11.02.2015
McDonnell, John Labour Party Hayes and Harlington 12.02.2015
McGovern, Jim Labour Party Dundee West 11.02.2015
McInnes, Liz Labour Party Heywood and Middleton 05.02.2015
McKenzie, Iain Labour Party Inverclyde 03.02.2015
Morrice, Graeme Labour Party Livingston 04.02.2015
Morris, Grahame M Labour Party Easington 05.02.2015
Qureshi, Yasmin Labour Party Bolton South East 24.03.2015
Ritchie, Margaret Social Democratic and Labour Party South Down 10.02.2015
Robertson, John Labour Party Glasgow North West 10.02.2015
Rotheram, Steve Labour Party Liverpool Walton 04.02.2015
Roy, Frank Labour Party Motherwell and Wishaw 05.02.2015
Sharma, Virendra Labour Party Ealing Southall 11.02.2015
Skinner, Dennis Labour Party Bolsover 05.02.2015
Williamson, Chris Labour Party Derby North 11.02.2015