Plaid Cymru Leader Leanne Wood has today made the case for a three-point plan to tackle the wealth inequality which is blighting the UK.
Her call comes on 'Fat Cat Wednesday' 4th January when top bosses will have earned more than the average UK salary of £28,200 by midday.
Leanne Wood said that the Prime Minister should:
- introduce a cap on public sector top pay
- legislate on a maximum wage
- pass an Economic Fairness Bill in order to prioritise the most deprived areas for infrastructure investment.
She added that growing inequality strengthened the case for Wales to be granted more economic powers in order to protect its communities from decisions taken by Tories in Westminster.
Party of Wales Leader Leanne Wood said: "This news highlights the gross inequality of the British state.
"With executive pay packages out of control, the Prime Minister must take urgent action to address this problem which is exacerbating poverty and feelings of anger among many people in our communities.
"Plaid Cymru wants a three-point plan implemented to help rebalance the UK in terms of individual and geographic wealth.
"A cap on public sector pay would help close the gap between the highest and lowest paid within local authorities and other bodies, delivering fairer pay across the board. We have pushed for this in our National Assembly.
"The introduction of a maximum wage would tackle soaring boardroom pay by linking the lowest paid in an organisation to the highest. Percentage pay rises at the top would then have to be matched with pay rises at the bottom of the scale. This would help address the growing wealth inequalities so often found within some organisations, not just between them.
"Thirdly, the Party of Wales has long argued for the introduction of an Economic Fairness Bill for the UK designed to prioritise the most deprived areas for infrastructure investment. This would generate local jobs, boost economic growth and enable areas outside London and the South East to prosper.
"When the Prime Minister took office in July she vowed to create 'a country that works for everyone.' The Tory UK government's current economic path is further entrenching an economy that works for a small few.
"That is why people in Wales must be given greater control over our own affairs, why we must have more economic powers - to enable us to stand on our own two feet and to avoid being subject to regressive policies and political practices from Westminster politicians who have no concern for Wales's interests."
If you agree with Leanne about rebalancing wealth in the UK, why not join Plaid Cymru by clicking on this link?