Tel. +44 (0)20 7287 4414
Email. info@brugesgroup.com
Tel. +44 (0)20 7287 4414
Email. info@brugesgroup.com
The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.
The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.
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Bruges Group Blog

Spearheading the intellectual battle against the EU. And for new thinking in international affairs.

"Maximum Pay?" Bruges Group Chairman Barry Legg on GB News' The Briefing

Screenshot-2022-08-29-at-21.26.21 Barry Legg was joined by former Labour MP Natascha Engel

Bruges Group Chairman Barry Legg appeared on GB News' The Briefing, hosted by Gloria de Piero, to discuss the cost of living crisis and the pay of FTSE 100 Chief Executives, joined by former Labour MP Natascha Engel. The discussion can be found here.

Reacting that the average pay of FTSE 100 Chief Executives has jumped by 39% to £3.4 Million, host Gloria de Piero as Mr Legg if it was time to discuss a maximum pay, to which he disagreed, saying that he disagreed with prices and incomes policies, "we've tried prices and incomes policies in the past, and they've been absolutely disastrous to the economy".

He also compared CEOs' salaries in the UK to that of CEOs in the UK, "if you compare them to the United States…they're actually a lot less. We're talking in the United States, of hundreds of millions. It's all about creating value - value for the shareholders, value for the consumers."

"That's a tremendous job to achieve", he concluded.

Former Labour MP Natascha Engel argued that the comparisons between the dire circumstances of those in poverty and the large increases in salaries were "very difficult to talk about", saying it was "that end of the pay scale that was the problem". 


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Director : Robert Oulds
Tel: 020 7287 4414
Chairman: Barry Legg
 
The Bruges Group
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KEY PERSONNEL
 
Founder President :
The Rt Hon. the Baroness Thatcher of Kesteven LG, OM, FRS 
Vice-President : The Rt Hon. the Lord Lamont of Lerwick,
Chairman: Barry Legg
Director : Robert Oulds MA, FRSA
Washington D.C. Representative : John O'Sullivan CBE
Founder Chairman : Lord Harris of High Cross
Head of Media: Jack Soames