London — Some of Britain’s biggest companies are bucking calls to reveal more data about executive pay, risking a fresh rift with major investors who are urging the government to combat ballooning wage inequality. Four of the 16 FTSE 100 companies that responded to a Bloomberg survey — GlaxoSmithKline, AstraZeneca, Aviva and Anglo American — said they would not publish a breakdown of how much more their CEOs earn than the average worker, a measure backed by the Investment Association, whose members hold about a third of the stock represented in the benchmark index. While advocates say forcing companies to report pay ratios would help restore trust in big business at a time of record wealth divisions and rising anti-globalisation sentiment, critics argue the metric is a misleading indicator for multinationals with workers all over the world. A FTSE 100 boss earned 128 times more than the average employee in 2015, up from 47 in 1998, as CEO pay jumped from about £1m a year to £4.3m, d...
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