Wednesday, November 22, 2006

When the eagles are silent, the parrots begin to jabber

Polly Toynbee was on the Today programme on Radio 4 this morning, being asked about Greg Clark's suggestion, reported in the Guardian, that she should replace Churchill as the inspiration for the Tory party's view of the welfare state.  She said that people were sick of:

the city paying themselves a 28% pay increase this year and year after year after year

(You can hear the interview via the Today website.  She was interviewed at about 8:47am this morning).

To what can she have been referring?  Certainly not pay in the city -- that only went up by 13% (source).  Maybe she means the pay of directors of FTSE-100 companies.  According to the Guardian, this did indeed go up by 28% this year, but not "year after year after year" as, to quote the same Guardian article:

The previous year directors' pay rose 16%, following rises of 13% and 23%.

It is troubling that Greg Clark was impressed by her "effective analysis".

6 comments:

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Anonymous said...

Just heard John Humphries quote this 'fact' again on Today programme this morning.

Anonymous said...

i wonder how much the salaries of the upper echelons ofn the bbc have gone up this year?

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