FTSE CEOs 'earn 386 times more than workers on national living wage'

Equality Trust calls on government to force firms to report pay gap between highest-paid and average employee

The average FTSE chief executive earns 386 times more than a worker on the national living wage, according to an analysis published by the Equality Trust as it steps up its campaign for new government rules to expose pay gaps.

The charity used annual reports from 2015 for all the companies in the FTSE 100 to calculate that their CEOs pocket an average of 5.3m each year, compared with 13,662 for someone on the national living wage of 7.20 an hour.