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UK Green Party Proposes 10:1 CEO-to-Worker Pay Cap

Financial Times Companies •
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UK Green Party leader Zac Polanski proposed a 10:1 pay ratio cap for UK firms, limiting executive salaries to 10 times the lowest-paid employee. Using High Pay Centre data, Alphaville analyzed FTSE 350 companies' current ratios, revealing most far exceed the target. For example, Tesco’s 2025 CEO pay would require £50bn in wage increases for 54,000 lowest-quartile workers.

Cutting CEO pay to 10:1 would save £747mn across 275 companies, with Tesco executives earning £225k annually instead of £920k. Critics note the policy’s market impact could boost shareholder value for banks and fossil fuel firms.