Ageing

The FTSE100 index stands precisely where it did in the first week of December 1999. Whichever way you look at it, shareholders — including pension funds — have had a rotten run on the economic rollercoaster of the past 15 years. So it’s reasonable to keep asking whether the rise in executive pay over that same period is justified: a report from the High Pay Centre says remuneration of the average FTSE100 chief executive is now at a multiple of 130 times (corrected from the report’s original figure of 143 times) that of the average worker in the same companies. In 1998 that multiple was 47, indicating that top pay

For my 49th birthday treat, I went to see Shakespeare in Love at the Noël Coward theatre in London. Expensive but worth it: spry, funny, uplifting and moving but also, for all the surface froth, quite a deep meditation on the creative process and the enduring power of art. What everyone secretly loves best about it, though, I suspect, is the way it so shamelessly flatters their intelligence. We’re all aware that Shakespeare wrote a sonnet that begins ‘Shall I compare thee to a summer’s day?’; that Marlowe was stabbed to death in a pub brawl; that Malvolio wears yellow stockings and cross garters. This is basic, middlebrow general knowledge.

My surgery has been calling in all those over 75 for a special session with their doctor — a sort of old-age MOT. I came out of mine pretty well, I thought: I could remember the name of the Prime Minister, blood pressure excellent, spark plugs need cleaning, windscreen wipers ineffective, bodywork showing signs of wear. But not too bad for 80. Gerontologist Tom Kirkwood, in his book Time of Our Lives, gives a clinical but excellent and entirely comprehensible account of what we should expect, and what can and cannot be done about it. His study of a group in their mid-eighties found that not one had zero age-related

[audioplayer src=”http://traffic.libsyn.com/spectator/TheViewFrom22_13_February_2014_v4.mp3″ title=”Cosmo Landesman and Mary Wakefield discuss what defines a ‘dirty old man'” startat=683] Listen [/audioplayer] The other day I casually remarked to my ex-wife that our son’s new teacher is ‘really hot’. She gave me a look of disgust, shook her head and said, ‘You dirty old man!’ It’s not the first time I’ve been called that, and usually I just keep smiling and stay silent. But this time I bridled. Recently, in two separate courtrooms, both Dave Lee Travis and Bill Roache had been denounced as ’dirty old men’. OK, I confess: maybe I did emit a ‘phwhoar!’ or two too many for my ex’s taste —