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The disposable income of Irish households rose by 2.5 per cent last year as a result of higher wages and increased profits of the self-employed.....

Switzerland is voting in Nov on a referendum that is truly reforming: the 1:12 initiative. It proposes that monthly senior executive salaries cannot exceed 12 times the pay of the lowest paid in a firm. This is pretty heavy in a country home to major financial institutions & MNCs. Imagine the impact here. Bank of Ireland CEO Richie Boucher annual salary is €843k. Bank clerk starting pay is €22k. Under this law either Richie’s salary fall by 3/4s to €264k. Or starting pay rise to €70,250