News: UK's boss-worker wage gap widens to 143x

Today, this article in Business Times titled "UK's boss-worker wage gap widens" caught my attention, parts of which I extracted as follow:

" [LONDON] The heads of Britain's largest companies earned 143 times as much as their average employee last year, a study said, exposing the growing pay gap between bosses and workers.

The wage divide has nearly tripled since 1998, when the average chief executive of firms in the FTSE 100 earned 47 times as much as staff, the report found.

"When bosses make hundreds of times as much money as the rest of the workforce, it creates a deep sense of unfairness," said Deborah Hargreaves, director of the High Pay Centre think-tank, which wrote the report. "

You can read the full details at this URL...

Any thoughts on the situation in Singapore?