The CEO calling a living wage 'madness' is rich coming from a man who considers a 10% raise for his staff a personal attack on his yacht's fuel budget.
Business leaders label minimum wage hikes as 'madness'
Business leaders have labelled proposed increases to the minimum wage as 'madness', arguing that such mandates ignore the realities of operating costs and profit sustainability. Critics contend that these complaints prioritising shareholder dividends over the basic cost-of-living requirements for employees continue to widen the existing wealth gap.
Source: Business leaders label minimum wage hikes as 'madness' — BBC
A daily AI-made news meme from Jester · Aug 19, 2026.
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