NEWS: Poorest London councils pay executives twice as much as Prime Minister...

It has been revealed that the chief executives of some of London’s poorest boroughs are paying their chief executives nearly double the salary of the Prime Minister.

Newham, Lambeth, Waltham Forest and Islington had the highest rates of unemployment and benefit claimants through-out London, yet the boroughs were paying their chief executives up to £281,085.

Tony Travers, a local government expert, announced that the salaries of London’s town hall bosses have increased whilst under the Labour government. He stated, “The last government had an obsessive interest in targets. That meant councils became very concerned about getting top ratings. Headhunters were telling them they had to pay for the best.”

The investigation also found that directors and even teachers earned more than £250,000 – including Mark Elms, head teacher of Tidemill School in Deptford. Elsewhere, Peter Lewis, Haringey’s director of children and young people’s services was reported to receive more then £280,000 per annum.

Many of the salaries of the chief executives were reduced after last April.

Darren Johnson of the Green Party, said: “It’s shocking that chief executives are paid so much in some of our most deprived communities.”

Here at Housing Jobs, we feel it would be far more beneficial to see some of the salaries put back into the communities, where it is needed most.