FTSE 100 CEOs have already earned more than you probably will all year

FTSE 100 CEOs earn more than average worker’s yearly pay by noon on 6 January

Statistics like these really make Britain’s economic inequality quite stark.

Median annual pay for FTSE 100 chief executives is £4.4m, the High Pay Centre thinktank calculated, 113 times higher than the £39,039 earned by the median full-time worker.

The median such chief executive is earning £23 per minute according to the High Pay Centre’s calculations, even if we assume they’re working a 62.5 hr week.

Even after the recent rises, minimum wage in the UK is set at a maximum of £12.21 an hour - and less if you’re younger than 21.