Ben Chu

Ben Chu is The Independent's Economics Editor. Previously he was the newspaper's chief leader writer.

Think the market is always ‘right’ when it comes to top pay? Not so

The average pay of FTSE 100 bosses has risen far faster than the average value of their companies in the past two decades, despite the insistence from boards that executives are only ever rewarded for performance. That pattern fits bargaining theory much more closely than marginal productivity theory.

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Why China’s stock market started the year so badly

Another major slump in Chinese share prices has prompted a fearful first day of trading for equity markets in 2016. But what is behind the collapse in investor confidence this time round? Ben Chu reports