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FTSE 100 bosses already earned average workers' yearly pay

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Britain's top bosses have already earned more money in 2014 than the average UK worker will take home this year, according to the thinktank High Pay Centre.

It found that FTSE 100 chief executives took home more pay by Wednesday this week, than the UK average salary of £26,500.

The thinktank said FTSE 100 executives are paid an average £4.3 million a year, equivalent to an hourly rate of £1,100.

While ordinary workers have seen their incomes squeezed, FTSE company bosses have seen their salaries rise by around 75% over the past decade, the High Pay Centre said.

High Pay Centre, director, Deborah Hargreaves, said: "When top bosses take home more in two and a half days than the average worker earns in a year, there is clearly something wrong with the way pay is set for both bosses and workers."