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Is the City of London ignorant or just plain callous?

Jason Leman

While everyone else is struggling with cuts the FTSE 100 confirms worse fears; the rich are getting richer while everyone else struggles with cuts.

“Living in a moral vacuum light years away from the lives of real people” fumes Jason Leman of the Green Party “Sheffield Council is looking at year on year cuts that will hurt services across the city, especially for the young and vulnerable, as public services and voluntary groups have their budgets slashed. Energy prices are spiralling ever higher, business is slow and job losses are mounting. The salary most people get in the UK is just £15,000 a year. But at the same time, there is a 50% pay rise for Britain’s
bosses: their average salary hits £2,700,000 a year. All that money going to a tiny minority, several of whom are responsible for this mess, many of whom stash their cash away instead of it going back into the economy. We know the link between performance and pay for these people is minimal, if they can’t self-police then we need to stop the greed.”

Prime Minister David Cameron, speaking in Australia, said the report was “concerning”. It is more than concerning, it is wrong and makes a nonsense of any further cuts. Jason Leman stated “Islington Council recently became the first in the country to put in place a policy of paying the Chief Executive no more than ten times the wage of the lowest employee. This is something Sheffield Council could do, it is something every public and private organisation could do. A 10:1 maximum pay ratio would seriously reduce the pay gap in our city. You cannot use the economic crisis to defend paying hard working staff so little they cannot support their families at the same time as paying out colossal salaries to their bosses.”

Topics: City Wide, Council, Cuts, Economy, Featured, General, Jason Leman

There are 3 Responses to Is the City of London ignorant or just plain callous?

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    31st October 2011

    I think the whole system is callous. Its corrupt to the core and they all protect each others interests against the ordinary citizen. How else could you justify the way the poor, the old, the sick, the young are being made to pay for the mistakes of that glorious few – that elite and their cronies who are leeching the country dry and will then fly the nest.Anyone who gets too close, gets corrupted by association and becomes part of the problem – the 1%. This must end.

    1st November 2011

    I totally agree with the arguments and I know political parties are supposed to pick and choose how to show statistics so to blind the public but I joined the Green Party to not be part of that system.

    Saying “The salary most people get in the UK is just £15,000 a year” and “Britain’s bosses: their average salary hits £2,700,000 a year” isn’t showing the same statistics.

    Also, I lifted these from wikipedia so take with a pinch of salt
    £15,000 to £20,000 4,950,000
    £20,000 to £30,000 6,000,000
    £30,000 to £50,000 4,090,000
    This shows 6 million tax payers in the £20k-£30k range compared to just under 5 million in the £15k-£20k range. You haven’t accredited your working so don’t know which figures you’re quoting so yours could be more right compared to wiki. I dunno.

    I’ve not studied the figures and wouldn’t have looked them up if that sentence above which read to me as trying to mislead didn’t stand out. The argument would of still been valid if you said the average wage was around £24k compared to £2.7m for bosses, rather than reaching for the shock value. We ain’t a red top, the truth is shocking enough.

    Just sayin’.

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