{"id":121571,"date":"2021-08-21T00:07:47","date_gmt":"2021-08-20T17:07:47","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-high-pay-the-fat-cats-are-still-there-editorial\/"},"modified":"2021-08-21T01:03:36","modified_gmt":"2021-08-20T18:03:36","slug":"the-guardian-view-on-high-pay-the-fat-cats-are-still-there-editorial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-high-pay-the-fat-cats-are-still-there-editorial\/","title":{"rendered":"The Guardian view on high pay: the fat cats are still there | Editorial"},"content":{"rendered":"


\nVast disparities in income may have lost some of their power to shock. But they remain a gross injusticePublic anger about the vast salaries extracted from business by the highest-paid people surfaces less often than one might expect, given highly conspicuous levels of inequality and rising poverty. Sir Philip Green and Fred Goodwin are rare in having become notorious big earners: Sir Philip because of the collapse of BHS, as well as his own inflated rewards and oligarchic lifestyle; Mr Goodwin because he exemplified a greedy banker type at a time when anger at banks was at its peak.More recently, a colossal \u00a375m bonus paid to the chief executive of the housebuilder Persimmon, Jeff Fairburn, resulted in his departure from the business. But Mr Fairburn \u2013 who was reported earlier this year to have failed to keep a promise to set up a charity \u2013 did not become a household name. Continue reading…
\n
\nSource : theguardian.com
\nRead more…The Guardian view on high pay: the fat cats are still there | Editorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Vast disparities in income may have lost some of their power to shock. But they...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121571","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vCP","jetpack-related-posts":[{"id":101073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-stop-lining-housebuilders-pockets-and-tax-them-instead-aditya-chakrabortty\/","url_meta":{"origin":121571,"position":0},"title":"Let\u2019s stop lining housebuilders\u2019 pockets and tax them instead | Aditya Chakrabortty","date":"November 9, 2018","format":false,"excerpt":"\r Jeff Fairburn\u2019s \u00a375m bonus has sharpened focus on the vast windfalls generated by help to buyWhen historians seek to understand just how blatantly warped British capitalism became in the early 21st century, they will turn to a recent edition of BBC Look North and a man called Jeff.Perhaps you\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104415,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-profits-top-1bn-on-the-back-of-help-to-buy-scheme\/","url_meta":{"origin":121571,"position":1},"title":"Persimmon profits top \u00a31bn on the back of help-to-buy scheme","date":"February 26, 2019","format":false,"excerpt":"\r Builder sparks controversy with massive gains from taxpayer-funded programmeHousebuilder Persimmon made more than \u00a31bn profit last year thanks largely to the taxpayer-funded help-to-buy scheme, through which almost half of its homes were sold.The company, which sparked widespread public and political anger for attempting to pay its former chief executive\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96299,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-the-homebuilders-house-of-cards-starting-to-wobble\/","url_meta":{"origin":121571,"position":2},"title":"Is the homebuilders\u2019 house of cards starting to wobble?","date":"August 19, 2018","format":false,"excerpt":"\r The help-to-buy boom in the property market has done wonders for Persimmon. How much longer can that last?It\u2019s late August, so things are quiet when it comes to company news. But on Tuesday there are first-half results from housebuilder Persimmon Homes, which is run by the best-paid boss of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-boss-at-centre-of-pay-storm-to-leave\/","url_meta":{"origin":121571,"position":3},"title":"Persimmon boss at centre of pay storm to leave","date":"November 7, 2018","format":false,"excerpt":"\r Jeff Fairburn had originally been in line for \u00a3110m bonus under 2012 bonus plan\r \r Source : ft.com\r Read more...Persimmon boss at centre of pay storm to leave","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81235,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-and-serco-bow-to-shareholder-pressure-over-pay\/","url_meta":{"origin":121571,"position":4},"title":"Persimmon and Serco bow to shareholder pressure over pay","date":"February 24, 2018","format":false,"excerpt":"\r Bonus for Persimmon boss Jeff Fairburn cut by about \u00a330m; Serco trims CEO pay 20%\r \r Source : ft.com\r Read more...Persimmon and Serco bow to shareholder pressure over pay","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/got-confidence-to-push-forward-and-build-more-homes-persimmon-ceo\/","url_meta":{"origin":121571,"position":5},"title":"Got confidence to push forward and build more homes: Persimmon CEO","date":"February 27, 2017","format":false,"excerpt":"\r Persimmon CEO Jeff Fairburn discusses earnings and the demand for U.K. property, as well as the wider industry's issues with staffing and training.\r \r Source : cnbc.com\r Read more...Got confidence to push forward and build more homes: Persimmon CEO","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121571"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121571"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121571\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}