She has the gall to sign this?

Anyway I thought she was too ill to do her job as an MP?

That’s interesting. According to ONS median wages rose between 3 and 5% every year for the past decade.

http://www.statistics.gov.uk/cci/nugget.asp?id=285

Assuming a 4% average, that makes them 48% higher than they were a decade ago.

As opposed to a 23% rise in prices over that time.

Actually, about that 2% per annum rise in real incomes that capitalism has been providing for the past couple of centuries. There or thereabouts anyway.

This is clearly a new meaning of the word “stagnation” to the one my dictionary contains.

Should someone who developed an industrial process that saved hundreds of millions of pounds per year not be entitled to a decent percentage of that saving?

Should companies that can generate high profits sustainably and reliably not be wise to reward the staff who enable that to happen?

By all means rewrite the rules on salaries that cause system wide risks, but don’t throw the proverbial baby out with the bathwater – and in the process drive innovation overseas.