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Motorham Club, T&C's and Exclusion Supply. Oh, good morning. Three minutes after tennis at

time. Could we guard against, can we call it the politics of envy?

I don't know.

I find days like this, really interesting.

We often ignore them.

Blue Chip bosses handed 16% pay rises

amid Bank of England calls for restraints on wages.

I think that part of the reason why I've decided to go in on this

is because it's on the front page of the financial times.

So I do occasionally suffer from what you might loosely describe as a slightly undergraduate approach to wealth distribution.

You know, sometimes seems to me pretty straightforward the prospect of making things fairer. At this point, I think it's

traditional to talk about Northern Europe or Scandinavia in particular, and also, of course,

to talk about multiples and the exponential increase in the big multiple between what a boss is

being paid and what everybody else in the company is being paid. Or you just take the lowest wage on a payroll, never mind the average.

So they generally take the average and then see what multiple you need to get to the

...