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

Discover stories from this section and more in the list of contents

Explore the edition

More from Britain

Crew members during the commissioning of HMS Prince of Wales

Has the Royal Navy become too timid?

A new paper examines how its culture has changed

A pedestrian walks across the town square in Stevenage

A plan to reorganise local government in England runs into opposition

Turkeys vote against Christmas


David Lammy, Britain’s foreign secretary

David Lammy’s plan to shake up Britain’s Foreign Office

Diplomats will be tasked with growing the economy and cutting migration


Britain’s government has spooked markets and riled businesses

Tax rises were inevitable. Such a shaky start was not

Labour’s credibility trap

Who can believe Rachel Reeves?