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Cruelty to cats

The newspaper editors who hounded Cedric Brown earn a lot more than he did. Derek Matthews comes to the defence of Britain's highly paid utility bosses

By Derek Matthews   July 1996

Who in their right mind would defend a group of people who earn hundreds of thousands of pounds a year, 30 or 40 times what the average person earns? Well, someone should- because the fat cats seem unable to defend themselves and with Labour threatening legislation on executive pay we are in danger of damaging our competitiveness. The fat cats issue has something in common with the rumpus over mad cow disease-lax regulation and government bungling leading to hysteria, all based on no discernable evidence.

“Pure greed” was the analysis offered by most newspapers on the 1994 pay increase to…

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