Summary
I was struck by the juxtaposition of two stories in Monday's Business Today.
The average pay for executives in large United Kingdom companies is stated to be pounds 3.3m and a brakes factory is moving production to eastern Europe, at a cost of 400 jobs.See the full content of this document
Extract
We Cost Too Much ( Except Directors
I believe that, at present, the directors of every manufacturing company are doing their utmost to protect their own salaries by cutting their UK workforce and sourcing abroad.
Yet we are still covering green field sites with factories. The people building them (paid by the taxpayer) seem confident that big companies are just waiting to start up, and ignore the recent history of closures.When one can buy a kettle from China for pounds 5, when a British make is pounds 2...See the full content of this document
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