UK High Pay Commission: 'Victorian inequality' warning


Top executives in the UK earn 145 times as much as the average worker, the UK's High Pay Commission has concluded.

With the gap between the highest earning 0.1% of the population and the rest growing wider and wider, the Commission warned that the UK could face "Victorian" levels of inequality within five to 10 years.

Meanwhile, Spain auctioned 2.98bn euros ($4bn, £2.6bn) of short-term debt on financial markets, but was forced to pay interest rates double those of a month ago amid heightened fears over the eurozone crisis.

The BBC's Aaron Heslehurst discusses key business stories of the day.

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