February feels a distant memory. Back then, the Conservative Party released a report called Labour’s Two Nations, attacking Labour’s 13 year record on inequality. Britain had become (they suggested) a society of low taxation on the rich and high marginal rates on the poor; under Labour, risky personal lending inflating a housing fantasy replaced prudent saving and improving housing affordability.
So do the Conservatives now care deeply about inequality? Darren Johnson put the London Assembly Conservatives to the test this week, proposing that the Mayor of London implement Cameron’s policy of a maximum 20:1 pay ratio in the Greater London Authority group.
Here’s the response of the Conservatives:
In case you’re fooled into thinking that Darren and the Greens are ignoring the low paid, read Darren’s arguments in The Guardian. If we’re all in this together, shouldn’t government bodies ensure that the lowest paid receive a living wage whilst preventing spiralling pay at the top of the scale?