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WAGE INEQUALITY

EDM (Early Day Motion) 754: tabled on 03 February 2015

Tabled in the 2014-15 session.

This motion has been signed by 33 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House notes that the average FTSE 100 CEO is now paid 143 times as much as their average employee; recalls that as recently as 1998 this ratio was only 47 to 1; further notes that in some cases in the UK this ratio is now as high as 800 to 1; is aware that this is happening at a time when average wages are little better than stagnant; is concerned that such inequality damages the social fabric and indeed democracy itself; believes that such inequalities, which have only recently developed, have no economic justification; further notes that the High Pay Centre has called for a debate on more radical measures to address the widening income discrepancy in the UK, including introducing a maximum pay ratio and appointing workers' representatives to company boards; commends Switzerland for offering its people a vote, in November 2013, on capping executive pay at 12 times what the lowest-paid worker at a company received; and urges the Government to consider measures that would reduce such gross inequalities in the future.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Anderson, Mr David
Labour
Signed on 5 February 2015
Blaydon
Bayley, Sir Hugh
Labour
Signed on 23 February 2015
York Central
Caton, Martin
Labour
Signed on 12 February 2015
Gower
Clark, Katy
Labour
Signed on 23 February 2015
North Ayrshire and Arran
Connarty, Michael
Labour
Signed on 10 March 2015
Linlithgow and East Falkirk
Crausby, Mr David
Labour
Signed on 10 February 2015
Bolton North East
Doran, Mr Frank
Labour
Signed on 12 February 2015
Aberdeen North
Edwards, Jonathan
Plaid Cymru
Signed on 10 February 2015
Carmarthen East and Dinefwr
Galloway, Mr George
Respect
Signed on 11 February 2015
Bradford West
Glindon, Mrs Mary
Labour
Signed on 12 February 2015
North Tyneside
Hancock, Mr Mike
Independent
Signed on 10 February 2015
Portsmouth South
Hood, Mr Jim
Labour
Signed on 9 February 2015
Lanark and Hamilton East
Howarth, Mr George
Labour
Signed on 11 February 2015
Knowsley
Lavery, Ian
Labour
Signed on 11 February 2015
Wansbeck
Leech, Mr John
Liberal Democrat
Signed on 11 February 2015
Manchester, Withington
Lucas, Caroline
Green Party
Signed on 3 March 2015
Brighton, Pavilion
McCrea, Dr William
Democratic Unionist Party
Signed on 11 February 2015
South Antrim
McDonnell, John
Labour
Signed on 12 February 2015
Hayes and Harlington
McGovern, Jim
Labour
Signed on 11 February 2015
Dundee West
Morris, Grahame M.
Labour
Signed on 5 February 2015
Easington
Qureshi, Yasmin
Labour
Signed on 24 March 2015
Bolton South East
Ritchie, Ms Margaret
Social Democratic & Labour Party
Signed on 10 February 2015
South Down
Robertson, John
Labour
Signed on 10 February 2015
Glasgow North West
Roy, Mr Frank
Labour
Signed on 5 February 2015
Motherwell and Wishaw
Sharma, Mr Virendra
Labour
Signed on 11 February 2015
Ealing, Southall
Williamson, Chris
Labour
Signed on 11 February 2015
Derby North

These members had previously signed the motion, but have now withdrawn their support. The date shown is when the Member withdrew their signature from the motion.