Bank of England chief Mark Carney warns of rising inequality as average US chiefs’ pay tops $10m

The Bank of England’s Governor Mark Carney has warned that a more unequal society was “amplifying the rewards of the superstar” as he pledged to help build a “more trustworthy” capitalism.

UK tax system is 'punishing success' says Institute for Fiscal Studies

Forcing Britain’s highest earners to foot a greater share of the nation’s tax bill is putting the Government’s long-term finances at risk, a leading economic think tank has warned.