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Deep@mander.xyz to United Kingdom@feddit.ukEnglish · 8 days ago

Defence company chiefs pocketed 138 times the average UK worker’s wage in 2024, with their average CEO annual pay increasing by £1.5 million in the last decade

aoav.org.uk

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Defence company chiefs pocketed 138 times the average UK worker’s wage in 2024, with their average CEO annual pay increasing by £1.5 million in the last decade

aoav.org.uk

Deep@mander.xyz to United Kingdom@feddit.ukEnglish · 8 days ago
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Defence company chiefs pocketed 138 times the average UK worker’s wage in 2024, with their average CEO annual pay increasing by £1.5 million in the last decade - AOAV
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Action on Armed Violence analysis found that CEOs of the UK's largest defence companies earned an average of £5.2 million in 2024, with executive pay rising by £1.53 million on average over the past decade and far outpacing both median UK earnings and wider FTSE 100 remuneration levels amid growing military spending.

Private British defence firms win most MoD contracts. Yet their CEO pay stays stubbornly hidden.

  • ordnance_qf_17_pounder@reddthat.com
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    7 days ago

    Keep this in mind when politicians keep harping on about the urgent need to increase defence spending at the expense of other more vital areas.

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